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Prosperity Index of China’s textile and apparel market declines 0.16 percentage points in June

  

Data by China Commercial Circulation Association of Textile and Apparel (CATA) shows, national textile and apparel specialized market manager’s prosperity index declined 0.16 percentage points to 50.00 in June 2021 as compared to 50.16 in May. As per China Textiles, the merchant’s prosperity index for specialized markets declined by 0.46 percentage poihts to 49.71, from 50.17 in May. In June, the specialized market of textile and apparel was basically stable, and the prosperity index fluctuated slightly.

The overall prosperity indexes of managers and merchants in the national textile and apparel specialized market dropped compared with May. The manager’s prosperity index dropped by 0.16 percentage points while the the merchant’s prosperity index dropped by 0.46 percentage points

In June, 67.74 per cent of the total market operations were flat, and 67.74 per cent of the market logistics shipments were flat, both exceeding 50 per cent. The total market operations index and logistics shipment index were generally stable, and the off-season continues in the textile and apparel specialized market.

The data shows that for managers, the next manager’s prosperity index declined by 0.32 percentage points to 50.65 from 50.97 in May; the next business environment index declined by 0.32 percentage points to 49.68. As for merchants, the next merchant’s prosperity index declined by 0.14 percentage points to 50.48 in May; the next operating environment index declined by 0.07 percentage points to 50.48 from 50.55

 
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