2024年前2月经济数据点评：经济动能修复明显，经济数据全面超市场预期

Group 1: Economic Performance - In the first two months of 2024, the retail sales of consumer goods increased by 5.5% year-on-year, showing a significant recovery compared to December 2023's -1.9 percentage points[8] - Fixed asset investment rose by 4.2% year-on-year, exceeding market expectations of 3.0%[30] - Infrastructure investment grew by 9.0% year-on-year, significantly higher than the market expectation of 8.1%[38] Group 2: Industrial Production - The industrial added value increased by 7.0% year-on-year, surpassing December 2023's 6.8% and last year's 4.6%[26] - Manufacturing investment recorded a growth of 9.4%, exceeding market expectations of 7.4%[15] - The mining sector's added value grew by 2.3%, while manufacturing and public utilities increased by 7.7% and 7.9%, respectively[26] Group 3: Real Estate Sector - Real estate investment decreased by 9.0% year-on-year, but the decline was less severe than the expected 12.2%[15] - In the first two months, the sales volume and area of commercial housing fell by 29.3% and 20.5% year-on-year, respectively[36] - The decline in domestic loans for real estate development narrowed, indicating some support from new funding mechanisms[37]