For the latest released economic data, Zheng Houcheng, director of Yingda Securities Research Institute, interpreted that the growth rate of industrial added value in November was better, which is reflected in the following three points. First, in the context of the upward base, the industrial added value in November recorded a year-on-year increase of 3.80%, 0.30 percentage points higher than the previous value. Second, in November, the industrial added value increased by an average of 5.40% in two years, 0.2 percentage points higher than the previous value. Third, the industrial added value increased by 0.37% month on month in November, recording a high growth rate since the second half of the year for two consecutive months. In November, commodity prices showed a significant correction, PPI fell in the month compared with the previous month, and the production enthusiasm of private enterprises was boosted to a certain extent. Looking forward to December, under the strong regulation of the state, the price of thermal coal does not have the possibility of "secondary rise".
(First Finance)
