中国宏观周报（2026年3月第1周）-20260309

Industrial Sector - After the Spring Festival, industrial production continues to recover, with industrial product price index rising rapidly, driven by international oil prices[2] - Steel and construction material production increased, with cement clinker capacity utilization rate and float glass operating rate rising month-on-month[2] - Daily average pig iron production decreased month-on-month, while polyester operating rate in textiles rebounded[2] Real Estate - New home sales in 30 major cities decreased by 21.7% year-on-year, but the growth rate improved by 54.5 percentage points compared to the previous week[2] - The second-hand housing listing price index fell by 0.69% month-on-month as of February 23[2] Domestic Demand - Domestic flight execution increased by 19.9% year-on-year, with the Baidu migration index up by 54.6%[2] - Retail sales of major home appliances decreased by 31.1% year-on-year, a drop of 19.2 percentage points compared to the previous value[2] External Demand - Port cargo throughput increased by 1.4% year-on-year, while container throughput rose by 10.9%[2] - Vietnam's export value grew by 18.3% year-on-year, and South Korea's exports increased by 31.4%[2] Price Trends - The Nanhua Industrial Price Index rose by 8.4%, with the Nanhua Petrochemical Index increasing by 16.2%[2] - The agricultural product wholesale price index fell by 1.5% month-on-month, indicating seasonal decline[2]