2025年12月中国电商物流指数继续回升

Core Insights - The China E-commerce Logistics Index rose to 113.6 points in December 2025, reflecting a month-on-month increase of 0.5 points, indicating a recovery trend in the logistics sector [1][2] Group 1: Supply and Demand Dynamics - The total business volume index for e-commerce logistics was 132.3 points in December 2025, showing a slight decline of 0.1 points from the previous month, yet maintaining a high level [1] - The supply side continues to recover, with multiple indices showing expanded growth, while the demand side remains stable at a high level [2] - Consumer behavior has shifted towards more rational shopping, with a decrease in the stimulating effect of promotional activities like "Double Twelve" [2] Group 2: Index Performance - Key indices such as the rural business volume index, inventory turnover rate index, logistics timeliness index, fulfillment rate index, satisfaction index, and load factor index all experienced month-on-month increases [1] - The cost index decreased by 0.4 points, marking a continuous decline for seven months [1] - The overall trend for 2025 indicates "nine increases, two decreases, and one stable," with only January and February showing declines, while the rest of the months exhibited upward trends [2]