Original title: Investment and consumption continued to gain momentum in the first eight months (introduction)
Many economic indicators in Hubei Province are better than the national average (topic)
Hubei Daily (Reporter Xiao Liqiong, Correspondent Hu Kaize) On September 19, the Provincial Bureau of Statistics released Hubei’s economic operation data from January to August. Under the influence of a series of policies and measures to expand domestic demand and boost confidence, Hubei Province’s economy has continued to recover, and the quality of development has steadily improved, with many major indicators higher than the national average.
On the production side, industry continues to play the role of ballast. From January to August, the province’s industrial added value increased by 5.4% year-on-year, 1.5 percentage points higher than the national average, and the growth rate accelerated by 0.4 percentage points from January to July. Many key industries achieved double-digit growth, with the electrical industry growing by 17.7% year-on-year, the chemical industry growing by 16.8% year-on-year, and the non-ferrous metal industry growing by 36.9% year-on-year.
Since the beginning of this year, Hubei Province has continuously introduced measures to expand effective investment and boost consumer confidence, and the “carriage” of investment and consumption has continued to exert force. From January to August, the province’s fixed asset investment increased by 5.2% year-on-year, 2 percentage points higher than the national average. In terms of key areas, industrial investment increased by 9.1% year-on-year, and infrastructure investment increased by 7.6% year-on-year. In the first eight months, the province’s total retail sales of consumer goods reached 1,438.075 billion yuan, a year-on-year increase of 8.6%, which was 1.6 percentage points higher than the national average. In terms of key commodity categories, the retail sales of restricted grains, oils, food, clothing, shoes, hats, needles, textiles, and daily necessities increased by 13.0%, 10.7%, and 13.3% respectively year-on-year. The retail sales of restricted automobiles and petroleum categories increased by 7.7% and 9.6% respectively. %.
Looking at prices, consumer prices rose moderately and remained within a reasonable range. From January to August, the province’s consumer price increased by 0.5% year-on-year, with a year-on-year decrease of 0.3% in August, which was 0.3 percentage points narrower than that in July.
2023-09-20 06:58:00
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