中物联：7月中国仓储指数为50.1% 较上月回落0.9个百分点

Core Viewpoint - The China Warehousing Index for July 2025 is at 50.1%, a decrease of 0.9 percentage points from the previous month, indicating a slowdown in growth but still remaining in the expansion zone for nine consecutive months, reflecting a generally stable operation in the warehousing industry [1] Group 1: Index Characteristics - The new orders index for July is at 50%, down 1.6 percentage points from the previous month, indicating weakened demand due to high temperatures and rainy weather affecting end-consumer demand and outdoor construction [3] - The average inventory turnover index is at 48.5%, a decrease of 7.2 percentage points, entering the contraction zone, while the ending inventory index is at 51%, an increase of 3.3 percentage points, indicating a rise in inventory levels due to slowed turnover speed [3] Group 2: Future Outlook - Short-term fluctuations are expected, but the long-term outlook remains positive, with the business activity expectation index at 52.3%, down 1.4 percentage points, still indicating optimism for future operations [4] - The employee index is at 50.5%, unchanged from the previous month, suggesting stable growth in workforce numbers, which may support future business recovery [4]