A customer shops at a supermarket in Handan, Hebei province. Chinese consumers are spending more on essential items than on luxury goods. Photo: ReutersA customer shops at a supermarket in Handan, Hebei province. Chinese consumers are spending more on essential items than on luxury goods. Photo: Reuters
A customer shops at a supermarket in Handan, Hebei province. Chinese consumers are spending more on essential items than on luxury goods. Photo: Reuters

Chinese consumers spend more on essentials like oyster sauce but cut down on wine as they tighten spending amid slowing economy

  • Average price of fast-moving consumer goods in the first nine months of this year on the mainland increased 3.7 per cent, much slower than the 4.6 per cent a year earlier, according to China Shopper Reporter 2019
  • Sales of oyster sauce jumps 30 per cent, while that of wine falls 3 per cent
Topic |   Consumers
A customer shops at a supermarket in Handan, Hebei province. Chinese consumers are spending more on essential items than on luxury goods. Photo: ReutersA customer shops at a supermarket in Handan, Hebei province. Chinese consumers are spending more on essential items than on luxury goods. Photo: Reuters
A customer shops at a supermarket in Handan, Hebei province. Chinese consumers are spending more on essential items than on luxury goods. Photo: Reuters
READ FULL ARTICLE