Consumption sector: the whole continues to differentiate, focusing on agriculture, forestry, animal husbandry and fishery, food and beverage and automobile
The overall consumption sector continues to differentiate. In terms of total consumption, the growth rate of total social retail sales fell, and the decline of catering consumption narrowed. China’s food production revenue continued to improve, dairy products and sugar products output growth picked up, Moutai’s price was lower than Baijiu, liquor production growth declined, 350ml beer prices rose slightly, production growth increased, milk prices rose, the price of infant formula milk outside China rose by a month. The price of broiler fry rose month on month, the price of live chicken rose month on month, the price of vegetables fell month on month, the price of fruit rose month on month, and the price of pork fell month on month; The sales growth of air conditioners, washing machines, televisions and refrigerators rebounded month on month; The retail sales of passenger cars continued to rise, and the wholesale end fell month on month; The price index of traditional Chinese medicine was flat month on month, the price of vitamins remained stable, the price of lysine decreased month on month, and the price of methionine rebounded month on month; Pulp prices rose month on month, corrugated paper prices fell month on month, the total timber index fell month on month, MDI and TDI spot prices continued to rise month on month, and the export growth rate of textile, clothing and clothing industry fell month on month in December; Yiwu commodity price index fell month on month.
Growth sector: the boom continues to differentiate, focusing on communication and electrical equipment
The prosperity of the growth sector continues to differentiate. In the semiconductor industry, the fee half index stopped falling and rose, and the memory price tended to be stable. In terms of consumer electronics, global smartphone shipments increased in 2021, and Samsung still maintained its position as the world’s largest smartphone manufacturer. In terms of panel, in January 2022, the panel price continued to fall, and the decline of TV panel price slowed down. In terms of communications, in 2021, the revenue of telecommunications services increased steadily, the total amount of telecommunications services increased rapidly, and the construction of 5g network was accelerated. In terms of electrical equipment, the price of silicon material has increased slightly in the past two weeks, and the price of photovoltaic industry chain has increased slightly. Among them, the price index of silicon chip and battery chip has increased significantly, with an increase of 2.71% and 1.29% respectively in the past two weeks. In terms of lithium battery materials, the price of cathode materials rose at a high level in the past two or three weeks, the price of lithium iron phosphate continued to reach a new high, and the price of lithium hexafluorophosphate remained stable. In terms of media, the Spring Festival films have significant characteristics of “volume reduction and price rise”, and the proportion of box office of each film is relatively balanced.
Large financial sector: Boom differentiation, pay attention to banks
In December 2021, the sales area of commercial housing increased and the national housing boom index continued to decline. The housing price index stabilized and the interest rate of individual housing loans continued to fall. The transaction area of commercial housing has declined in the past three weeks. Land transaction area and transaction premium rate rose simultaneously. The land acquisition area continued to remain low year-on-year. In December, the social finance and credit data showed an upward trend, and the trend of bottoming and stabilizing was obvious. The short-term interest rate first rose and then fell, the long-term interest rate remained stable as a whole, and the capital side remained relatively loose. The decline in premium income narrowed in December. The balance of margin trading and securities lending and the stock turnover rate in the securities market continued to decline.
