In July, total social consumption increased by 0.6% year-on-year. Among them, consumption of mall brands fell by 3.4%, while small shop consumption bucked the trend with a 3.1% growth, forming a consumption scissors gap of 6 percentage points.
Evidence EVIDENCE
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李老师不是你老师
2026-09-22 21:02 · 7月社会总消费同比微增0.6%,其中商场品牌消费下降3.4%而小店消费逆势增长3.1%,形成明显消费降级剪刀差。
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Context CONTEXT
Cause
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This event
Total Social Consumption in July Increased Slightly by 0.6%, Showing a Consumption Scissors Gap Between Malls and Small Shops
2026.06.30 · Reported
Effect
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Coverage of this event COVERAGE