Economic Indicators - The WEI index has fallen below 4%, reaching 3.84% as of March 30, 2025, down 1.34% from the previous week[7] - Cement shipment rates have increased for seven consecutive weeks, reaching 42.7% as of March 28, 2025, up 4.5 percentage points from the previous week[21] - The land premium rate for 100 cities rose to 23.12% for the week ending March 30, 2025, compared to 14.55% in March and 10.42% in February[13] Consumer Behavior - During the Qingming holiday, cross-regional travel increased by 9.7% year-on-year, with rail, water, civil aviation, and road transport growing by 8.4%, 24.4%, 8.6%, and 9.7% respectively[12] - Retail sales of passenger cars fell by 2% for the week ending March 31, 2025, down 30 percentage points from 28% in late February[8] - The movie box office revenue for the week ending March 30, 2025, was 210 million yuan, a 62% year-on-year decline, down 80 percentage points from early March[8] Trade and Production - Container throughput at monitored ports decreased by 0.7% week-on-week as of March 30, 2025, compared to a previous increase of 5.3%[25] - The BDI index showed a year-on-year increase of 8.9% over the last four weeks, although it was lower than the 10.3% recorded in January-February[25] - The operating rate of asphalt plants has been declining, with a rate of 25.7% as of April 2, 2025, down from 26.7%[21] Commodity Prices - Overseas commodity prices have significantly dropped, with COMEX gold down 1.8%, LME copper down 9.5%, and Brent crude oil down 10.9%[30] - Domestic commodity prices showed slight increases, with the domestic BPI rising by 0.1% while the RJ/CRB index fell by 6%[30] Debt Issuance - As of April 4, 2025, 23 provinces have disclosed local bond issuance plans for Q2 2025, with a total of 2,635 billion yuan in new special bond issuance planned[37]
每周经济观察第14期：WEI指数回落至4%以下-2025-04-07
Huachuang Securities·2025-04-07 12:46