国内高频 | 工业生产延续弱势（申万宏观·赵伟团队）

Group 1: Industrial Production Trends - Industrial production continues to show weakness, with construction activity remaining relatively stable [2] - The average daily transaction area of commercial housing in 30 major cities decreased by 13.8% week-on-week and is down 33.4% year-on-year [29] - The operating rate of blast furnaces has continued to decline [4] Group 2: Steel and Cement Industry Insights - Weekly apparent consumption of five major steel products has decreased [5] - The operating rate of the cement industry remains stable at 38.5%, with a slight year-on-year increase of 4.8% [15] - Cement shipment rates fell by 0.8% week-on-week, while the inventory ratio continues to decline [19][20] Group 3: Petrochemical and Consumer Goods - The operating rate of the soda ash sector increased by 3.6% week-on-week, while PTA's operating rate remained stable [8][11] - The operating rate of polyester filament has decreased by 1.3% week-on-week [12] - The automotive semi-steel tire operating rate showed weakness, increasing by only 0.7% week-on-week [8] Group 4: Demand and Consumption Patterns - Real estate transactions remain low, with first, second, and third-tier cities all experiencing weak performance [29] - Freight volumes have decreased, but port cargo throughput remains higher than the same period last year [34] - Movie attendance and box office revenue are significantly higher than in previous years, while automobile sales have declined [42][46] Group 5: Price Trends - Agricultural product prices have generally increased, with vegetables and eggs rising by 2.1% and 0.7% respectively [55] - Industrial product prices have seen a notable decline, with the energy and chemical price index dropping by 2.6% [60] - The overall industrial price index decreased by 1.8% week-on-week [60]