China Textile Circulation Branch: Prosperity Index Of Textile And Clothing Professional Market Rose In August

The prosperity monitoring results of China Textile Federation Circulation Branch show that in August 2023, the prosperity index of managers of the national textile and clothing professional market will be 51.56, up 0.32 percentage points from 51.24 in July; The business climate index of professional market was 50.30, down 0.20 percentage points from July's 50.50.

　　 1、 Prosperity of managers is rising, and that of merchants is declining

Data shows that in August, the prosperity index of managers of the national textile and clothing professional market rose, while the prosperity index of merchants declined.

　　 1. Managers' prosperity index rose 0.32 percentage points

Table 1 List of Manager Index

From the perspective of managers' prosperity index, in the total index, managers' prosperity index in August was 51.56, up 0.32 percentage points from 51.24 in July; The business environment index was 51.94, down 0.64 percentage points from 52.58 in July.

Among the sub indexes, the total business volume index was 51.94, down 0.32 percentage points from 52.26 in July; The logistics shipment index was 52.26, up 1.29 percentage points from 50.97 in July; The passenger flow index was 51.94, up 0.97 percentage points from 50.97 in July; The door opening rate index was 51.94, up 0.33 percentage points from 51.61 in July; The rental index was 50.97, up 0.32 percentage points from 50.65 in July; The e-commerce sales index was 50.32, down 0.65 percentage points from 50.97 in July.

2. Business climate index dropped by 0.20%

Table 2 List of Merchant Indexes

From the perspective of business climate index, the business climate index in August was 50.30, down 0.20 percentage points from July's 50.50; The business environment index was 52.47, down 0.73 percentage points from 53.20 in July.

Among the sub indexes, the sales volume index was 51.13, up 0.79 percentage points from 50.34 in July; The average price index was 51.13, up 0.04 percentage points from 51.09 in July; The profitability index was 51.13, up 0.93 percentage points from 50.20 in July; The comprehensive cost index was 48.80, down 1.34 percentage points from 50.14 in July; The inventory index was 48.80, down 1.47 percentage points from 50.27 in July; The e-commerce sales index was 50.80, down 0.15 percentage points from 50.95 in July.

2、 Data analysis

1. The market performance is good

In August, 67.74% of the total business volume of the selected market was equal, and 70.97% of the logistics shipment volume of the selected market was equal. The market operation in August was basically the same as that in July. The two indexes were higher than 50, and the business performance was good.

Figure 1 Total business volume index

Figure 2 Logistics Delivery Index

2. Good market performance

In August, the proportion of the market opening rate was 80.65%, the proportion of the selected market passenger flow was 67.74%, and the proportion of the selected market rent was 0.32%. In August, the market opening rate, passenger flow and rent were stable, and the index was higher than 50. The market was operating well.

Figure 3 Door opening rate index

Figure 4 Passenger Flow Index

Figure 5 Rent Index

3. Business performance of merchants is good

In August, the proportion of the total sales of the selected merchants was 87.33%, the proportion of the profit of the selected merchants was 87.33%, and the proportion of the sales price of the selected merchants was 87.33%. The business situation of the merchants in August was basically the same as that in July. The three indexes were higher than 50, and the business performance was good.

Figure 6 Sales Index

Figure 7 Profitability Index

Figure 8 Average selling price index

4. Merchant pressure operation

In August, the proportion of the selected merchants' comprehensive costs was 88.00%, and the proportion of the selected merchants' inventory was 88.00%. The merchants' operating costs and inventory were stable, but both indexes were lower than 50. It can be seen that the merchants' operation was stable, but the operating pressure was still high.

Figure 9 Comprehensive Cost Index

Figure 10 Inventory Index

5. E-commerce sales were basically flat

In August, the proportion of e-commerce sales in the selected market was 83.87%, and the proportion of e-commerce sales in the selected merchants was 92.00%. Both indexes were higher than 50, and e-commerce sales were stable.

Figure 11 Manager E-commerce Sales Index

Figure 12 E-commerce sales index of merchants

3、 Prediction index

The data shows that in terms of managers, the boom index of managers in the next period is 51.61, which is the same as that in July; The business environment index for the next period was 51.61, down 0.65 percentage points from 52.26 in July. In terms of merchants, the business climate index of the next period is 52.47, down 1.34 percentage points from 53.81 in July; The business environment index for the next period was 52.47, down 1.20 percentage points from 53.67 in July.

enclosure:

1. Monitoring methods

"Prosperity index of textile and clothing professional market" consists of "manager index" and "merchant index". Using the sampling method, select markets and merchants of different business categories such as clothing, fabrics, home textiles and small commodities nationwide, and fill in the managers' prosperity index questionnaire and merchants' prosperity index questionnaire respectively.

2. Monitoring samples

The managers' prosperity sample consists of 31 professional textile and clothing markets, including Guangzhou Baima Clothing Market, Shandong Jimo Clothing Market, Jiangsu Dieshiqiao Home Textile Market, Shanghai Xinqipu Clothing Market, and Liaoning Xiliu Clothing Market. The business prosperity sample consists of 147 businesses such as Taotao Clothing, Suntory Textile, Weibang Home Textile, and Vitoli Cashmere.

3. Monitoring period

The boom monitoring cycle shall be monthly, submitted at the end of each month, and released at the beginning of the next month.

4. Index composition

In the "Prosperity Index of Textile and Garment Professional Market", the "manager index" consists of four first level indexes, namely, the current manager prosperity index, the next manager prosperity index, the current business environment index, and the next business environment index; The "current manager prosperity index" consists of six secondary indexes, namely, total business volume index, logistics delivery volume index, passenger flow index, door opening rate index, rent index and e-commerce sales index.

The "merchant index" consists of four primary indexes, namely, the merchant prosperity index of the current period, the merchant prosperity index of the next period, the business environment index of the current period, and the business environment index of the next period; The "merchant boom index of the current period" consists of six secondary indexes, namely sales index, average selling price index, profitability index, comprehensive cost index, inventory index and e-commerce sales index.

5. Exponential analysis

The positive index includes managers' total business volume index, logistics delivery volume index, passenger flow index, merchant opening rate index, rent index, e-commerce sales proportion index and merchant sales index, average selling price index, profitability index, e-commerce sales proportion index. If the positive index exceeds 50, it indicates that the business situation is optimistic, and the greater the value, the more optimistic it will be; The positive index is lower than 50, indicating that the business situation is not optimistic; The smaller the number, the more pessimistic.

The reverse index includes merchant cost index and inventory index. When the cost index exceeds 50, it indicates that the merchant's cost pressure decreases. The larger the value, the smaller the cost pressure; The cost index is lower than 50, indicating that the merchant's cost pressure increases. The smaller the value, the greater the cost pressure. When the inventory index exceeds 50, it indicates that the merchant's inventory pressure decreases. The larger the value, the smaller the inventory pressure; The inventory index is lower than 50, indicating that the merchant's inventory pressure increases. The smaller the value, the greater the inventory pressure.