In April, The Growth Of Some Economic Indicators In Textile Industry Is Becoming More And More Important, And Demand Recovery Will Be Strengthened.
This net summarizes the relevant economic and textile industry index data in April. In terms of social and economic indicators, prices stabilized in April, the price of production links continued to decline, the recovery rate of manufacturing industry slowed down, and the state increased credit to stabilize the economy.
Judging from the economic indicators of the textile industry in the month of April, the value added of textile industry and the export of textile and clothing increased to a positive year-on-year increase. The growth rate of fixed assets investment in textile industry still slowed down significantly compared to the same period last year, -32.5%.
Judging from the change of indicators relative to March, domestic textile consumption and export indicators showed a faster recovery than that in March, of which textile exports grew by 9.77% year-on-year, and the growth rate picked up 25 percentage points compared with March, ranking the first among all indicators; the recovery of textile industrial added value and fixed asset investment growth slowed down compared with March; the growth rate of online retail sales of wearing goods increased by 3 months. Same.
From the recovery of textile indicators relative to the overall social indicators, the growth rate of exports alone outstrips the overall export growth of the whole year. Other growth rates such as industrial added value, investment and consumption all lag behind the overall social situation, especially behind the growth of investment.
If the value added of textile industry in April and the growth rate of textile and garment exports are mainly derived from the production and export of medical and epidemic prevention materials, the above data reflect that the overall recovery of traditional textile industry in April is not very satisfactory, and the driving effect from demand still needs to be strengthened.
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