The hottest new credit may reach 900billion yuan i

New credit may reach 900billion yuan in March

Guide: major economic and financial data for March and the first quarter will be released from now on. Analysts predict that the year-on-year growth rate of GDP in the first quarter fell to about 8.5%, the year-on-year increase of CPI in March was about 3.2% or slightly higher, and the new credit in March will reach 900billion yuan, the highest monthly level since this year. Monitoring data shows

major economic and financial data for March and the first quarter will be released from today. Analysts predict that the year-on-year growth rate of GDP in the first quarter fell to about 8.5%, the year-on-year increase of CPI in March was about 3.2% or slightly higher, and the new credit in March will reach 900billion yuan, the highest monthly level since this year

the monitoring data showed that the prices of major foods rose and fell in March, with grain prices basically stable and pork prices declining. Some vegetable prices rose significantly in the early stage, and gradually stabilized and fell from late March. Due to the rebound of the tail raising factor, market participants expect that the price increase in the early stage has fallen rapidly. Many equipment can only be put into use after being tested by high-end product design and testing machines after completion, or it has been blocked in the near future. The CPI year-on-year increase in March may be close to 2, and regular inspection should be carried out; The monthly level reached about 3.2%, and may even rebound slightly. Although the prices of important industrial products such as oil prices rebounded, the year-on-year increase of PPI in March may show negative growth under the influence of base period factors

the National Bureau of statistics will hold a press conference on the operation of the national economy in the first quarter on the 13th. At that time, GDP, industrial added value above Designated Size, fixed asset investment, total retail sales of social consumer goods and other data will be released. Song Yu, an Asian economist at Goldman Sachs, said that the year-on-year growth rate of GDP in the first quarter is expected to be 8.5%, 0.4 percentage points slower than that in the fourth quarter of last year. Driven by monetary easing, the growth rate of economic indicators in March may rebound from the previous two months

the central bank and the General Administration of Customs will release financial and foreign trade data respectively this week. Analysts expect monetary credit and liquidity to be slightly loose. Affected by the continuous commencement of projects and the inclination of credit to public projects, the credit supply continued to pick up in March. It is expected that the increase in loans for 130 new key materials needed by the national economy will reach about 900billion yuan, a monthly high since this year. The new credit in the first quarter will reach 2.35 trillion yuan, close to the new credit target of 2.4 trillion yuan in the first quarter

analysts predict that affected by the collection of deposits at the end of the quarter, the allocation of fiscal deposits and the return of wealth management funds, the new deposits in the banking industry may reach about 2trillion yuan in March, a sharp increase of 1.4 trillion yuan over February

in terms of foreign trade, analysts generally believe that there will be a trade deficit in the first quarter. Lihuiyong, chief Macro Analyst of Shenyin Wanguo, predicted that the year-on-year growth rate of imports and exports in March would fall compared with that in February. The trade deficit in March was about $5.2 billion, and the trade deficit in the first quarter was about $9.4 billion. Tengtai, vice president and chief economist of Minsheng securities, believes that the year-on-year growth rate of imports and exports in March was about 5%, and the trade deficit in the first quarter was about US $4.2 billion