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China’s jewellery retail up 18.2% in May
2012/06/12
The total retail sales of gold, silver and jewellery in China amounted to $2.82 billion (RMB 18 billion) in May, up 18.2 percent compared to the same period last year, the National Bureau of Statistics of China announced recently.

The total retail sales of gold, silver and jewellery in China amounted to $2.82 billion (RMB 18 billion) in May, up 18.2 percent compared to the same period last year, the National Bureau of Statistics of China announced recently.

The accumulative total retail sales of the segment in the first five months of 2012 reached $14.6 billion  (RMB 93.1 billion), up 16.1 percent compared to the same period last year.

In May, the country’s overall retail sales of consumer goods including gold, silver and jewellery totalled $262 billion (RMB 1.67 trillion), up 13.8 percent year-on-year at nominal growth rate. The real growth rate was 11 percent.

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