Consumption: in November, consumption value totaled 2.3475 trillion Yuan in the whole society with growth rate of 11.7% YOY; among that Consumption value for catering industry totaled 406.4 billion Yuan, up by 11.04%YOY. Accumulative consumption value for food totaled 4027.5 billion Yuan in October, up by 11.27% on year on year basis. Deducting price influence, the growth rate of social consumption value, catering industry consumption, grains and oils consumption and food consumption were 10.16%, 7.33%, 9.50% and 8.54% respectively YOY. In November, food consumption accounted for 32.7% of social retail consumption, down by 0.8% from last year.
 
According to the National Bureau of Statistics, medium and large restaurants’ consumption value was RMB74 billion and medium and large stores’ retail value RMB1105.4billion in November, up by 9.2% and down by 5.1% respectively on the year-on-year basis.
 
According to the Ministry of Commerce, major enterprises’ sales value growth rate was 5.22%, of which, growth rates of foodstuff, beverage, tobacco, alcohol and catering were 4.31%, 6.80% ,3.7% and -0.5% respectively; deducting price influence, retail value growth rates of foodstuff, beverage, tobacco and alcohol were 5.27%, 5.40%, 6.10% and 6.5% respectively;
 
Output value: in November, medium and large sized enterprises’ added value growth rate was 7.2%, of which, the growth rates of agro-food manufacturing industry, food industry and beverage industry were 6.2 %, 7.5% and 4.3% respectively; deducting price influences, the output value growth rate was 9.9%, of which, the growth rates of agro-food manufacturing industry, food industry and beverage industry were 7.49%, 6.44% and 4.09% respectively; comprehensive output value growth rate of food industry was 6.01%.
 
Investment: in November, social investments totaled RMB4.4907 trillion Yuan, up by13.93% YOY. The farm-product-processing industry received RMB77.746 billion investments, the food-making industry RMB37.487 billion, the beverage industry RMB33.697 billion and the hotel and restaurant industry RMB64.505 billion, up by 4.54%, 9.84%, 3.87% and -2.59% respectively on the year-on-year basis. Deducting price influences, the growth rate of social investments was 16.1% and that of farm-product-processing industry, food-making industry, beverage and hotel and restaurant industry was 7.24%, 12.54%, 6.6% and 15.8% respectively.
 
Industry profit margin: in November, medium and large sized enterprises’ revenue and profit were RMB99.516 trillion and RMB676.1 billion respectively, up by 3.51% and -4.43% respectively on year-on-year basis. Revenue profit margin was 6.79%.
















From “China Grains Market Weekly Report”