Retail sales of alcohol and tobacco in China by month 2022-2024

Published by
Yihan Ma,
Dec 20, 2024

In October 2024, a total of around 48 billion yuan was generated from alcohol and tobacco retail sales. This indicated a significant increase from the previous month.

Retail trade revenue of alcohol and tobacco in China from October 2022 to October 2024 (in billion yuan)

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Source

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Release date

December 2024

Region

China

Survey time period

October 2022 to October 2024

Supplementary notes

According to the source, figures for January and February have been grouped together to curb the influence of the Chinese New Year on the statistics. Chinese New Year falls between January and February. 

One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of December 2024). 

According to the source, retail sales refer to the trade revenue of tangible goods not intended for business use traded from wholesale and retail companies to individuals or non producing social organizations. Figures include total revenues of the food and beverage service industry.
During the survey, only wholesale companies with an annual revenue of 20 million yuan and above as well as retail companies with an annual revenue of five million yuan were questioned.

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