Policy and Economic Measures - The Chinese government is implementing a package of incremental policies to promote economic recovery and structural improvement[1] - A joint working group has been established by the People's Bank of China and the Ministry of Finance to manage central bank bond trading, enhancing liquidity management[1] - The Ministry of Finance plans to introduce targeted incremental policy measures and reform initiatives over the next two years[1] Market Indicators - For the week of October 7-13, upstream high-frequency indicators showed mixed year-on-year changes, while midstream indicators rebounded month-on-month[1] - The Brent crude oil price increased by 9.81% to $79.04 per barrel, but decreased by 13.04% year-on-year[6] - The LME copper price decreased by 2.67% to $9,596.50 per ton, with a year-on-year increase of 21.61%[6] Real Estate and Land Transactions - The transaction area for residential properties in 30 major cities was 218.41 million square meters, down 5.96% month-on-month and 12.02% year-on-year[15] - The land transaction area in 100 major cities recorded 1,605.93 million square meters, a month-on-month decrease of 34.34% and a year-on-year decrease of 13.22%[15] Inflation and Consumer Prices - The average wholesale price of pork was 25.02 yuan per kilogram, down 4.25% month-on-month but up 15.30% year-on-year[16] - The consumer price index for vegetables increased by 25.66% year-on-year, with an average price of 6.22 yuan per kilogram[16]
宏观经济高频数据周报:物价总体维持稳定
Mai Gao Zheng Quan·2024-10-16 06:30