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What is the economic significance of the total retail sales of social consumer goods?
The total retail sales of social consumer goods reflect the retail sales of consumer goods directly sold to urban and rural residents and social groups by wholesale and retail, accommodation and catering industries.

Simply put, it is the total sales related to the basic consumption of urban and rural residents such as food, clothing, housing and transportation. We can see the improvement of people's material and cultural living standards in a certain period, reflecting the realization degree of social commodity purchasing power and the scale of retail market.

There is a high correlation between value-added tax and business tax.

Extended data:

Statistical methods:

1. The statistical survey method of the total retail sales of social consumer goods is a combination of comprehensive statistical method and sampling survey. According to the classification standards stipulated by the state, establish a directory database for wholesale, retail, accommodation and catering units above designated size and conduct a comprehensive statistical investigation. These enterprises submit statistical reports to the local government statistical departments on a monthly basis and summarize them step by step.

2. The wholesale and retail, accommodation and catering industries below designated size are estimated by sampling survey. The sum of the retail sales of social consumer goods above and below the quota constitutes the total retail sales of social consumer goods.

3. After years of practice, the statistics of total retail sales of social consumer goods have formed a relatively complete and scientific method system and strict management system. Enterprises on the list will investigate one by one and report directly through the Internet.

Sampling surveys are conducted on enterprises and self-employed, and the processes of survey organization, network selection, survey data collection, survey data review, survey data summary and survey results release are becoming more and more perfect.

Baidu encyclopedia-total retail sales of social consumer goods