Cosmetic Consumption During Jan And Feb Increased by 12.5%

According to the date released by The State Administration of Statistics, the total consumption of retail consuming goods during Jan and Feb in 2018 has reached 6108.2 billion RMB, with year-on-year growth of 9.7%, while cosmetic retail consumption achieved 42.2 billion, with the year-on-year increasing rate of 12.5%, which is not only higher than the overall retail level of consumer goods, but also greater than the growth rate 10.6% in the same period of last year in the same area. In addition, meanwhile the on-line consumption has hit 1227.1 billion RMB, with the year-on-year growth of 37.3%. Among the consumption, the on-line consumption of physical commercial goods reached 907.3 billion RMB with the growth rate of 35.6%, and it is 14.9% of the overall retail consuming goods.