The prosperity monitoring results of the circulation branch of China Textile Industry Federation show that in October 2020, the prosperity index of the managers of the professional textile and garment market in China was 50.75, down 2.37 percentage points from 53.12 in September. The professional market business sentiment index was 51.22, down 1.47 percentage points from 52.69 in September. In October, textile and garment professional market continued sales season, although compared with September each index fell slightly, but the overall is still good.

Manager prosperity, business prosperity

As a whole, it is above the 50-point line

Data show that in October, the national textile and garment professional market managers and merchants of the various prosperity index fell slightly compared with September, but the overall higher than the 50 line between expansion and contraction, continuing the September sales season.

1. Managers' prosperity index declined by 2.37 percentage points

From the perspective of managers' prosperity index, the overall index of managers' prosperity index in October was 50.75, down 2.37 percentage points from 53.12 in September. The operating environment index was 51.29, down 3.23 percentage points from 54.52 in September.

Among the sub-indexes, the total business index was 52.26, down 2.90 percentage points from 55.16 in September. The logistics shipment index was 51.94, down 2.90 percentage points from 54.84 in September. The passenger traffic index was 51.94, down 2.58 percentage points from 54.52 in September. The index of door opening rate was 50.32, down 2.58 percentage points from 52.90 in September. The rent index was 48.39, down 0.64 percentage points from 49.03 in September. The e-commerce sales index stood at 49.68, down 2.58 percentage points from 52.26 in September.

2. The business climate index declined by 1.47 percentage points

In terms of the business climate index, the business climate index was 51.22 in September, down 1.47 percentage points from 52.69 in September. The operating environment index was 51.10, down 2.47 percentage points from 53.57 in September.

In the sub-index, the sales volume index was 52.95, down 2.08 percentage points from 55.03 in September. The average selling price index was 52.60, down 1.39 percentage points from 53.99 in September. The earnings index was 52.47, down 2.50 percentage points from 54.97 in September. The composite cost cost index stood at 49.45, up 0.50 percentage points from 48.95 in September. The inventory index stood at 49.32, down 0.82 percentage points from 50.14 in September. The e-commerce sales index was 50.55, down 2.53 percentage points from 53.08 in September.

The data analysis

1. The total market operation amount, logistics shipment quantity and passenger flow were basically unchanged from September

In October, 70.97 percent of the market's total business volume remained the same as in September. 74.19% of selected market logistics shipments remained unchanged from September. 74.19 percent chose the same traffic as in September. In October, more than 70% of the textile and garment professional markets maintained the same business volume, logistics shipment quantity and passenger flow as in September, indicating that the peak season of market sales was still continuing. Although the overall index showed a slight decline compared with the peak season of gold sales in September, the overall sales situation remained positive.

2. The total sales volume and profit of merchants were basically unchanged from September

In September, 63.70% of merchants chose to maintain the same sales volume as in September. The proportion of merchants' profit that is flat with that of September is 67.12%. It can be seen that the business situation is consistent with that of managers. Although the index has declined slightly, the good momentum of the sales season in September has been continued on the whole, and a good sales situation has been maintained through new listings and promotional activities.

The overall forecast is positive

Data shows that for managers, the next managers' prosperity index is 52.26, down 2.26 percentage points from 54.52 in September. The operating environment index for the next period was 51.61, down 2.91 percentage points from 54.52 in September. For businesses, the business climate index for the next period was 52.47, down 1.38 percentage points from 53.85 in September. The operating environment index for the next period was 51.03, down 2.68 percentage points from 53.71 in September. In terms of forecast index, the four forecast indexes of managers and merchants all remain above 50, which shows that professional market managers and merchants have strong confidence in the continued good sales situation in November.