CCTV News: The China Commodity Price Index (CBPI) released by the China Federation of Logistics and Procurement for January 2025 was 111.2 points, a slight decline of 0.05% month-on-month and a year-on-year decrease of 0.9%.

From the index operation, affected by the Spring Festival holiday, the index fell slightly by 0.05%, basically the same as last month, but the index's month-on-month and year-on-year declines have narrowed significantly, and compared with the same period in previous years, the pullback is also significantly smaller, indicating that the bulk market starts generally smoothly in the new year, and enterprises have increased their confidence in the market after the holiday, and the market will return to work after the holiday, and the release of investment and consumption demand, and the market is expected to gradually recover.

From a global perspective, although we are still facing uncertain factors such as trade policies and geopolitics, global inflation expectations have fallen and monetary easing policies of various countries continue, and global economic growth is gradually stabilizing. Overall, the positive factors supporting the stable and healthy development of my country's bulk market are gradually increasing, and the steady and progressive economic trend is expected to continue further.