Textile And Garment Industry: Textile And Clothing Exports Increased By 20% In 2011, And Clothing Prices Rose By 3.8% In December.

clothing

The plate rose by 2.01%, of which the textile sector rose by 5.49% and the clothing sector fell by 0.5%.

Rise

Mainly affected by the Spring Festival tail factor, the first quarter of the ring down is a big probability event.

From the sales terminal, the discount sales promotion in December was significantly strengthened, and passenger flow and turnover rate also rose significantly.

However, we are worried that due to the reduction of the peak season of consumption in the Spring Festival compared with the previous year, it will bring pressure to the terminal sales of brand clothing in the first quarter, and remain cautious in the short term.

Spin

Clothing exports totaled 247 billion 889 million US dollars, an increase of 20.04% over the same period last year, the growth rate dropped 1.16 percentage points compared with 1-11 months, and it declined for four consecutive months.

The decline in export growth is in line with our expectations. In the first half of 11, the high export base and the relative downturn in Europe and the United States in the short term, we believe that export growth in the first half of 12 is difficult to rebound, and the second half is expected to improve.