50.6%，中国零售业景气指数创8个月以来新高

Core Viewpoint - The latest data from the China Commercial Association indicates that the retail industry in China is showing a significant improvement, with the retail prosperity index reaching a new high in eight months at 50.6% in September, reflecting a positive trend in the sector [1] Retail Industry Performance - The retail prosperity index for September stands at 50.6%, which is an increase of 0.5 percentage points month-on-month, marking two consecutive months of growth and the highest level in eight months [1] - The merchandise operation index is at 50.6%, up by 0.9 percentage points month-on-month [1] - The leasing operation index is at 51.4%, down by 0.7 percentage points month-on-month, but still remains in a high prosperity range [1] - The e-commerce operation index has returned to the expansion zone, with the total number of online goods index increasing by 0.8 percentage points compared to the previous month, ending a four-month decline [1] Factors Influencing Retail Growth - The analysis suggests that the increase in consumer demand is driven by the adjustment of old-for-new subsidy policies and the arrival of the back-to-school season [1] - Retail enterprises are actively stocking up, and there is a notable enhancement in profit confidence, indicating a clear positive trend in industry development [1]