Group 1: Economic Activity Index - The China High-Frequency Economic Activity Index (YHEI) was 1.35 as of February 10, 2026, a decrease of 0.05 from February 3 [1][4] - Service-related indicators such as the "8-city subway flow index" and "30-city commodity housing sales index" fell by 0.02 and 0.07 respectively [1][4] - The industrial-related indicator "coastal coal freight index" decreased by 0.27, contributing significantly to the decline in YHEI [1][4] Group 2: Price Index Data - In January, the Consumer Price Index (CPI) increased by 0.2% year-on-year, down 0.6 percentage points from the previous month [2][42] - The core CPI rose by 0.8% year-on-year, a decrease of 0.4 percentage points from the previous month [2][42] - Food CPI fell to -0.7% year-on-year, influenced by the timing of the Spring Festival [2][42] Group 3: Producer Price Index (PPI) - The PPI decreased by 1.4% year-on-year in January, with the decline narrowing by 0.5 percentage points from the previous month [3][43] - The price of production materials saw a year-on-year decline of 1.3%, while the price of living materials fell by 1.7% [3][43] - The PPI has increased for four consecutive months, with a month-on-month growth of 0.4% in January [3][43] Group 4: Monetary Policy and Interest Rates - The central bank net withdrew 140.1 billion yuan through open market operations as of February 10 [7] - The overnight interbank rate rose by 6 basis points to 1.49%, while the 7-day repo rate increased by 4 basis points to 1.60% [10][11] - The 1-year and 5-year swap rates decreased to 1.50% and 1.61% respectively [10][13] Group 5: Real Estate Market - New housing transaction areas in first, second, and third-tier cities fell by 3.35%, 25.43%, and 14.36% respectively [33][34] - The second-hand housing market showed mixed results, with first and second-tier cities declining by 14.85% and 1.58%, while third-tier cities increased by 13.06% [37][38] - Land transaction area in 100 cities increased by 58.78% week-on-week, totaling 12.1382 million square meters [33] Group 6: Commodity Prices - As of February 10, steel billet prices decreased by 0.68% week-on-week, and cement prices fell by 0.35% [23][24] - The price of thermal coal dropped by 0.44% to 682 yuan per ton [28] - The coastal bulk freight index fell by 45.64 points to 968.98 points [30]

Group 1: Economic Activity Index - The China High-Frequency Economic Activity Index (YHEI) was 1.05 as of January 13, 2026, a decrease of 0.09 from January 6, 2026. The decline was primarily attributed to a drop in the coastal coal freight index by 0.09 [2][1] - The import dry bulk freight index remained stable compared to the previous week [2] Group 2: Monetary Policy - As of January 13, 2026, the central bank net withdrew 77.8 billion yuan through open market operations. The reverse repurchase amount for the week was 517.2 billion yuan, with 595 billion yuan maturing [4][5] Group 3: Interest Rates and Financing - The overnight interbank rate rose by 17 basis points to 1.5% over the past week, and the seven-day repurchase rate increased by 8 basis points to 1.57% [9][10] - The one-year swap rate increased by 1.43 basis points to 1.52%, while the five-year swap rate decreased by 0.42 basis points to 1.64% [12][9] - The yields on one-year, five-year, and ten-year government bonds fell by 10, 2.23, and 3.1 basis points to 1.26%, 1.64%, and 1.85%, respectively [15][9] Group 4: Industrial Sector - As of January 13, 2026, the price of steel billets increased by 1.37% week-on-week, while cement prices decreased by 1.12% [22][23] - The operating rate of short-process steel mills rose from 67.71% to 70.83% over the past month [22] - The operating rate for full steel tire production decreased to 58.02%, down from 58.15% the previous week [22] Group 5: Shipping and Real Estate - The coastal bulk freight index decreased by 5.98 points to 1012.77 points as of January 13, 2026 [30] - In first-tier cities, new and second-hand housing transaction areas increased by 0.05% and 32.04%, respectively [31][33] - The land transaction area in 100 cities was 12.64 million square meters, a week-on-week decrease of 63.63% [31] Group 6: Consumer Prices - In December 2025, the Consumer Price Index (CPI) rose by 0.8% year-on-year, with urban prices increasing by 0.9% and rural prices by 0.6% [39][41] - The Producer Price Index (PPI) fell by 1.9% year-on-year, with a month-on-month increase of 0.2% [39][41] Group 7: Global Perspective - The US dollar index rose by 0.58 points to 99.18, while the RMB/USD exchange rate decreased by 48 basis points to 6.9765 [42][44] - The VIX index increased by 1.23 points to 15.98 [49]

Group 1: Economic Activity Index - The China High-Frequency Economic Activity Index (YHEI) for October 14, 2025, is 1.00, down 0.05 from October 7, 2025 [1][4] - The decline in the YHEI is attributed to a decrease in the "import dry bulk freight index," which fell 0.25 to 1.01 [1][4] - Post-National Day holiday, the "8-city subway flow index" decreased by 0.04 to 1.15, while the "30-city commodity housing sales index" increased by 0.08 to 0.41 [1][4] Group 2: Price Indices - In September, the Consumer Price Index (CPI) decreased by 0.3% year-on-year, with the core CPI increasing by 1.0%, marking a continuous rise for five months [2][49] - Food prices saw a year-on-year decline of 4.4%, with pork and fresh fruit prices dropping to 17.0% and 4.2%, respectively [2][49] - The Producer Price Index (PPI) fell by 2.3% year-on-year in September, with the decline narrowing by 0.6 percentage points compared to the previous month [3][50] Group 3: Monetary Policy - As of October 14, 2025, the central bank's net fund injection was 765.8 billion yuan, with a reverse repurchase operation of 1.3658 trillion yuan [6][7] - The overnight interbank rate decreased by 26 basis points to 1.36%, while the seven-day repo rate fell by 17 basis points to 1.48% [11][12] Group 4: Industrial Production - As of October 14, 2025, the price of steel billets decreased by 0.68% week-on-week, while cement prices fell by 2.42% [29][31] - The operating rate of short-process steel mills dropped from 69.79% to 64.58%, while the operating rate of long-process steel mills increased from 50.00% to 51.67% [29] Group 5: Real Estate Market - After the National Day holiday, new housing transaction areas in first, second, and third-tier cities increased by 180.22%, 486.81%, and 221.87% respectively [42][43] - The transaction area for second-hand houses in first, second, and third-tier cities surged by 2267.37%, 723.57%, and 49589.55% respectively [45][46] Group 6: Global Economic Indicators - The US dollar index rose by 1.23 points to 99.05, while the RMB to USD exchange rate fell by 225 basis points to 7.1411 [53][56] - The Chicago Board Options Exchange (CBOE) VIX index increased by 3.57 points to 20.81 [61]