中物联：2026年1月份中国物流业景气指数为51.2%

Core Viewpoint - The China Logistics and Purchasing Federation reported that the logistics industry prosperity index for January 2026 is 51.2%, a decrease of 1.2 percentage points from the previous month [2] Group 1: Industry Performance - Logistics business continues to expand, but activity has slowed due to holiday factors, with the total business index, new orders index, employment index, and business activity expectation index all remaining above 50% [3] - The total business index has decreased to 51.2%, down 1.2 percentage points month-on-month, but still within the expansion range [3] - The new orders index remains in the expansion zone at 50.2%, which is 0.3 percentage points higher than the same period last year [3] Group 2: Market Expectations - The business activity expectation index is at 52.3%, reflecting a decrease of 2.5 percentage points month-on-month, but still indicates a high level of market expectations [3] - There is a strong demand for consumer goods ahead of the holiday, with significant growth in e-commerce logistics [3] - Overall demand momentum is currently weak, and expectations are not as strong as in previous years, suggesting a need to monitor post-holiday industry recovery dynamics [3]