In November, the CPI of the textile and apparel industry fell sharply

Industry data interpretation of raw material prices: cotton prices continue to rise, viscose staple fiber, viscose filament prices fall. As of the week of November 09, 2012, the China Cotton Index (328) reported 18,991 yuan/ton, which rose by 0.39% in the last week, continuing the trend of continuous rise in the recent period. This week, except for viscose staple fiber and viscose filament yarns, prices have shown upward momentum.

Retail growth continues to rise but remains low. In the first 11 months, the retail sales of clothing, shoes, hats and knitwear products increased by 18.2% year-on-year, 0.3% higher than the previous 10 months, and continued to rise, but it was still significantly lower than the same period last year. At present, textile and apparel retailing is still affected by the economic and consumer declines, and it will take time to clearly get out of the downturn.

Apparel cpi growth slowed down significantly in November. In November 2012, cpi increased by 2% year-on-year, a slight increase of 0.3% from the 1.7% in October. The category of clothing cpi increased by 2.3% year-on-year, which was a decrease of 0.4 percentage point from that in October; the category of clothing cpi increased by 2.4% year-on-year, 0.6 percentage points lower than that in October, and accelerated down. The promotion effect of winter clothing price reduction in advance appeared.

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