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Turnover of retail of building material markets in China goes down in 2016

China National Statistical Office reported that compared with 2015 the variable fell by 8.39%. Building material turnover went down by 22.81 hundred million Yuan Renminbi, in contrast to the previous year when it climbed by 90.43%. China saw a diminution of 61.03% in building material turnover over the past 9 years. Furthermore, it has shown a 0.4% average annual growth rate during the five years with a slight overall fall since the 2008. It averaged 375.08 hundred million Yuan Renminbi from 2008 to 2016 and it attained its all-time high of 691.19 hundred million Yuan Renminbi in 2010 and record low of 36.3 hundred million Yuan Renminbi in 2013.

Turnover of retail of building material markets in China goes down in 2016
Date Hundred Million Yuan Renminbi Variation
2016 249.15 -8.39
2015 271.96 90.43
2014 142.81 293.42
2013 36.30 -21.77
2012 46.40 -92.75
2011 640.14 -7.39
2010 691.19 4.97
2009 658.47 2.99
2008 639.33 N/A

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