线上线下商品经营预期均有改善 4月零售业景气指数为50.5%

Core Insights - In April, China's retail industry prosperity index (CRPI) reached 50.5%, a month-on-month increase of 0.3 percentage points, indicating continued expansion [1] - The merchandise operation index was 50.1%, up 0.2 percentage points, returning to the expansion zone [1] - The leasing operation index stood at 52.7%, rising by 1.3 percentage points, maintaining a high prosperity level [1] - The e-commerce operation index remained stable at 50.1%, unchanged from the previous month [1] Retail Industry Performance - Overall performance in the retail sector showed improvement in April, with the leasing operation index remaining robust and the merchandise operation index slightly rebounding, reflecting better expectations for both online and offline operations [1] - Factors contributing to this positive trend include the spring product launches, expanded scope of subsidies for replacing old consumer goods, and innovative attempts at diversified consumption scenarios [1] - New leasing enterprises are opening stores, while existing companies are developing under supportive policies, leading to favorable expectations for the leasing operation index in April [1]