During December, the stability in China’s economic development is further improved, each economic index is good. Most of global economies are now in the recovery stage after the financial crisis. The abnormal influence caused by the crisis gradually disappears. Under the push by large scale construction projects and the smooth development period of economy, China’s excavator market is developing fast and smoothly. The sales volume equals that of last month and grows by over 100% YoY. There is no great fluctuation in the market based on the smooth development for several months.
The export market also warms up and grows greatly YoY. Though the export market still keep at a low level, the turn round of export situation and the low radix make it worthy of expect for next year’s export situation.
The M1, M2 data fall a little compared with that in November, but still possess higher level in recent years. In terms of the micro-economy policy and economic development condition, the money supply will not fall obviously in the future months, and this will surely keep PPI, CPI index at higher level. And there is a inevitable trend of cost increase for raw materials, which will affect the profit.