上年同上年值2025年10：稳中求进，经济走势整体平稳

Economic Growth - The industrial added value is expected to grow by 6.0% year-on-year in October 2025, a decrease of 0.5 percentage points from the previous period[8] - Fixed asset investment is projected to decline by 0.8% year-on-year from January to October 2025, widening the decline by 0.3 percentage points compared to the previous period[9] - Social retail sales are anticipated to increase by 2.1% year-on-year in October 2025, down 0.9 percentage points from the previous month[22] Trade and Exports - Exports are expected to grow by 4.1% year-on-year in October 2025, a decrease of 4.2 percentage points from the previous period[12] - Imports are projected to rise by 3.3% year-on-year in October 2025, down 4.1 percentage points from the previous period[33] Inflation and Prices - The Consumer Price Index (CPI) is forecasted to increase by 0.1% year-on-year in October 2025, up 0.4 percentage points from the previous month[38] - The Producer Price Index (PPI) is expected to decline by 2.2% year-on-year in October 2025, with the decline narrowing by 0.1 percentage points from the previous month[42] Monetary Policy - New RMB loans are anticipated to reach 600 billion yuan in October 2025, an increase of 100 billion yuan compared to the same period last year[44] - M2 money supply is projected to grow by 8.3% year-on-year in October 2025, a slight decrease of 0.1 percentage points from the previous period[48] Currency Exchange - The RMB exchange rate is expected to fluctuate between 7.00 and 7.20 in November 2025, reflecting a trend of gradual appreciation[52]