东北证券–6月通胀数据点评:通胀温和回升,“滞胀”可能性不大【宏观研究】_研报

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[Table_MainInfo] [Table_Title] / 6 [Table_Summary] 6CPI2.5%2.5%2.4%6CPI CPI0.1% 0.4% CPI0.9% 0.2 CPI7CPI CPI7 CPI7 7CPI 6PPI3%-3.2%-3.7%PPI 56 PPI5PPI PPI PPI 6CPI PPI7 CPIPPI [Table_Invest] [Table_Report] PPICPI5 20200611 4 20200512 CPIPPI 20200410 [Table_Author] S0550518040001 18917252281 shenxf@nesc.cn S0550520060001 13817489814 youcy@nesc.cn 2020-7-10 2 / 8 1. ……………………………………………………………………………………………… 3 2. CPI7 …………………………………………………………….. 3 3. PPI …………………………………………………………………………….. 4 4. “” …………………………………….. 5 1CPI …………………………………………………………………………………………………….. 3 2CPI …………………………………………………………………………………………………….. 3 3 ………………………………………………………………………………. 4 4CPI …………………………………………………………………………………………………….. 4 5 …………………………………………………………………………………………………………… 4 62018 …………………………………………………………………………………. 4 7PPI ………………………………………………………………………………………………….. 5 8PPI …………………………………………………………………………………………………………… 5 956 ……………………………………………………………………………………………………. 5 10CPI ………………………………………………………………………………………………………… 6 vYyUdWkUpXoOpMbRdN8OsQpPnPnNeRoOtMiNoPoObRnNwOvPpOqMMYnRtR 3 / 8 1. 6CPI2.5%2.5%2.4% 6PPI3.0%-3.2%-3.7% 2. CPI7 6CPI2.5%46CPI 2.2%3.2% 11.1%0.3%3.5%0.7% 3.8% CPI0.1%0.1%0.2% 0.1%0.1% 1CPI 2CPI Wind Wind 3.6% 2.8%0.4% CPI0.9%0.2 0.2% 4 / 8 3 4CPI Wind Wind CPI7CPI CPI7 CPI7 201889 10 2 7CPI 5 62018 Wind Wind 3. PPI 6PPI3%-3.2%-3.7%4.2% 0.6%PPI0.4% 0.5%0.1% 5 / 8 7PPI 8PPI Wind Wind PPI 56 PPI38.2%PPI PPI5PPI PPIPPI 956 Wind 4. 6CPIPPI7 6 / 8 CPICPI6 1% CPI PPI PPI 10CPI Wind 7 / 8 : 2018 2 2020 “” R3AB AAABS “” 615% 65%15% 6-5%5% 65%15% 615% 6 6 6 8 / 8 6666 130119 28D 100033 729 200127 100622A 518038 12215 510630 021-20361121 13636606340 ruanmin@nesc. cn 021-20361229 17717370432 wuxiaoy in@nesc.cn 021-20361258 18221628116 qijian@n esc.cn 021-20361267 13262728598 chen_ xh@nesc.cn 021-20361258 13120758587 Lilq@nesc. cn 021-20361112 18801903156 lir x@nesc.cn 021-20361133 18516728369 zhoujq@nesc.cn 021-20361133 13122617959 liuy q@nesc.cn 021-20361229 15213310661 jiny ue@nesc.cn 010-58034553 18515018255 lihan g@nesc.cn 010-58034557 18501954588 y inlulu@nesc.cn 010-58034555 13701194494 wenzc@nesc.cn 010-58034563 18501944669 zengy g@nesc.cn 010-63210813 18153683452 zhouy ing1@nesc.cn 0755-33975865 18938029743 liu_ xuan@nesc. cn 0755-33975865 15989508876 liuman@n esc.cn 0755-33975865 18516772531 wangquan@n esc.cn 0755-33975865 18620093160 zhoujy @nesc.cn 0755-33975865 18664323108 Chenli1@nesc. cn 021-20361229 18616369028 liy iny in@nesc.cn 021-20361229 15921911962 zhaojiahen g@nesc. cn ]

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