中物联：12月中国仓储指数为52.4% 较上月回升2个百分点

Core Viewpoint - The China Warehousing Index reached 52.4% in December 2025, marking a 2 percentage point increase from the previous month, indicating a recovery in the warehousing sector driven by market demand [1] Sub-index Summaries - New Orders Index: The New Orders Index rose to 51.8%, up 1.3 percentage points from last month, with chemical products, machinery, agricultural products, and pharmaceuticals showing indices above 50%, while coal, food, and daily necessities were below 50% [1][2] - Business Volume Index: The Business Volume Index increased to 53.6%, up 1.7 percentage points from last month, with chemical products, agricultural products, and pharmaceuticals above 50%, while coal and food were below 50% [2] - Facility Utilization Rate Index: The Facility Utilization Rate Index rose to 54%, an increase of 1.6 percentage points from last month, with non-ferrous metals, machinery, agricultural products, and pharmaceuticals above 50%, while food was below 50% [2] - End Inventory Index: The End Inventory Index increased to 51.9%, up 1.9 percentage points from last month, with steel, home appliances, daily necessities, and pharmaceuticals above 50%, while non-ferrous metals, mineral products, and food were below 50% [2] - Average Inventory Turnover Index: The Average Inventory Turnover Index rose to 53.4%, a significant increase of 3.4 percentage points from last month, with steel, chemical products, daily necessities, agricultural products, and pharmaceuticals above 50%, while non-ferrous metals and food were below 50% [2] - Enterprise Employee Index: The Enterprise Employee Index increased to 52.7%, up 1.7 percentage points from last month, indicating a positive trend in employment within the sector [2] - Business Activity Expectation Index: The Business Activity Expectation Index decreased to 52.7%, down 2.6 percentage points from last month, reflecting a slight decline in business sentiment [2]