Just now! The first quarter economic ＂report card＂ is coming!

just now

The economic "report card" came in the first quarter.

Bengbu Municipal Bureau of Statistics announced the economic operation in the first quarter. In the first quarter of 2025, the city’s GDP was 58.75 billion yuan, an increase of 5.9% at constant prices. Stabilization, recovery, and improvement have become "keywords".

In the first quarter, the city’s consumer market grew steadily, and its consumption potential was further stimulated.

As the main indicator to measure consumption, the total retail sales of social consumer goods in the city in the first quarter was 37.68 billion yuan, up 6.4% year-on-year, ranking third in the province.

The release of consumption potential is accelerating, and there are many bright spots in the consumption field. The retail sales of basic life, cultural and entertainment goods keep growing, and the retail sales of cosmetics, daily necessities, sports and entertainment goods, household appliances and audio-visual equipment above designated size increase by 43.9%, 26.8%, 96.5% and 41.5% respectively. There is a strong demand for green consumption, and the retail sales of new energy vehicles, household appliances and audio-visual equipment with energy efficiency grades 1 and 2 above designated size increased by 59.3% and 47.6% respectively.

At the same time, the foundation of good consumption data is also getting better. In terms of residents’ income, in the first quarter, the per capita disposable income of urban residents in the city was 14,341 yuan, a year-on-year increase of 4.7%. The per capita disposable income of rural residents was 7,290 yuan, an increase of 6.2%. The employment situation is generally stable and the income level has improved, which provides a stable foundation for boosting consumption.

The increase in income is inseparable from the production and supply. In the first quarter, the city’s industrial added value increased by 9.1% year-on-year, ranking seventh in the province. The growth rate increased by 4.5 percentage points compared with the same period of last year, and the ranking moved forward by 6 places, which was the highest growth rate in the past 16 quarters. Industrial electricity consumption was 1.62 billion kWh, up by 5.2%, and the growth rate was 2 percentage points higher than that of the whole province. From January to February, the total industrial profit of the whole city increased by 27.9%, which was 28.2 and 44.1 percentage points higher than that of the whole country and the whole province, ranking third in the whole province.

Financial support for the real economy is also increasing, and financial deposits and loans are growing rapidly. At the end of March, the local and foreign currency deposits of financial institutions in the city were 402.94 billion yuan, an increase of 36.03 billion yuan over the beginning of the year and an increase of 8.8%. Loans in local and foreign currencies totaled 421.77 billion yuan, an increase of 30.26 billion yuan or 11.8% over the beginning of the year.

In the first quarter of this year, the city’s GDP increased by 5.9% year-on-year, an increase of 0.7 percentage points over the whole year of 2024, creating the best result for 25 consecutive quarters since 2019.

Generally speaking, in the first quarter, the city’s economic and social development progressed steadily, and high-quality development was solidly promoted.

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Original title: "Just now! The first quarter economic "report card" is coming! 》

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