The prosperity monitoring results of the China Textile Federation Circulation Branch show that in October 2021, the prosperity index of the national textile and apparel professional market managers was 51.13, a decrease of 2.53 from 53.66 in September; the prosperity index of professional market merchants was 50.59, a decrease from 53.66 in September. 53.03 dropped 2.44 percentage points. In October, the sentiment index of the textile and apparel professional market dropped slightly compared with September, but the overall situation was still positive.
The prosperity of managers and the decline of merchants
Data show that, In October, the various prosperity indexes of national textile and apparel professional market managers and merchants dropped slightly compared with September, but overall they were still higher than the 50 boom-bust line, and the peak sales season in the professional market continued.
1. Managers’ prosperity index dropped by 2.53 percentage points
Chart 1 List of managers’ indices
Data source: China Textile Federation Circulation Branch
From the perspective of the manager’s prosperity index, among the total index, the manager’s prosperity index in October was 51.13, a decrease of 2.53 from 53.66 in September; The business environment index was 50.97, down 3.87 percentage points from 54.84 in September.
Among the sub-indexes, the total operating volume index was 51.94, down 2.90 percentage points from 54.84 in September; the logistics shipment volume index was 52.26, down 2.26 percentage points from 54.52 in September; the passenger flow index was 51.61, down 4.20 percentage points from 55.81 in September; the opening rate index was 50.32, down 1.94 percentage points from 52.26 in September; the rent index was 50.00, the same as September; the e-commerce sales index was 50.65, down from 54.52 in September 3.87 percentage points.
2. The merchant prosperity index dropped by 2.44 percentage points
Chart 2 Merchant Index List
Data source: China Textile Federation Circulation Branch
From the perspective of merchant prosperity index, among the total index, the merchant prosperity index in October was 50.59, compared with 53.03 in September A decrease of 2.44 percentage points; the business environment index was 48.98, a decrease of 5.71 percentage points from 54.69 in September.
Among the sub-indexes, the sales volume index was 51.56, down 3.20 percentage points from 54.76 in September; the average selling price index was 50.95, down 3.67 percentage points from 54.62 in September; the profitability index was 51.36, down from 54.76 in September. September’s 54.69 dropped 3.33 percentage points; the comprehensive cost index was 50.14, down 0.07 percentage points from 50.21 in September; the inventory index was 50.07, the same as September; the e-commerce sales index was 49.46, down 4.40 from 53.86 in September. percentage points.
Second data analysis
1. Total market operation, logistics shipment volume, and passenger flow index declined overall
In October, the total operating volume of selected markets increased by 29.03%, a decrease of 25.81 percentage points from September; the logistics shipment volume of selected markets increased by 32.26%, a decrease of 22.58 percentage points from September; the passenger flow of selected markets The increase rate was 22.58%, a decrease of 41.94 percentage points from September; the total market operation index, logistics shipment volume, and passenger flow index declined overall.
2. The total sales volume and profitability index of merchants decreased overall
In October, the proportion of total sales volume of selected merchants increased by 21.77%, which was 21.77% higher than that in September. A decrease of 29.95 percentage points; the proportion of merchants who chose to increase their profits was 19.73%, a decrease of 31.30 percentage points from September; the total sales index and profitability index of merchants both declined overall.
The three prediction indexes are improving
The data shows that in terms of managers, the manager’s prosperity index for the next period will be 50.00, which is higher than 9 The monthly reading was 54.52, a decrease of 4.52 percentage points; the next business environment index was 49.03, a decrease of 4.84 percentage points from 53.87 in September. In terms of merchants, the merchant prosperity index for the next period is 49.05, down 5.78 percentage points from 54.83 in September; the business environment index for the next period is 48.91, down 5.71 percentage points from 54.62 in September. In terms of prediction index, with the end of the peak sales season in the second half of the year and the sporadic recurrence of the COVID-19 epidemic, professional market managers and merchants’ sales confidence in November has declined slightly. </p
