零售行业2020年三季报综述.pdf

1 / 20 2020 11 02 - C - 2020.10.25 -9 +3.3% - 2020.10.19 - - 2020.10.18 2020 huangzepengkysec S0790519110001 lixudongkysec S0790120010014 fuchaorankysec S0790120080062 2020 GDP+4.9% 8 +0.5% 9 +3.3% 37 2020Q3 1083 -12% +8pct 31.8 +7% +24pct 2020Q3 -3.3% Q2 4.4pct CPI 2020Q3 -31.3% 10.1 18% Q2 18pct 2020Q3 +20.5% 32% Q2 31.1pct/42.2pct 8/9 2020Q3 +10.8% 6.0 +9% Q2 6.5pct 57.7% Q2+1.7pct +1.4pct 10.5% Q2+0.8pct 1 2 3 -27% -14% 0% 14% 27% 41% 55% 2019-11 2020-03 2020-07 300 2 / 20 1 . 4 1.1 . 4 1.2 . 6 2 . 6 2.1 . 7 2.2 . 8 2.3 . 10 2.4 . 12 3 . 13 3.1 . 14 3.2 . 15 3.3 . 15 3.4 mini . 16 3.5 . 17 3.6 . 17 4 . 18 1 2020Q3 GDP . 4 2 2020Q3 / CPI . 4 3 2020 9 +3.3% . 4 4 2020Q3 . 4 5 . 5 6 . 5 7 . 5 8 2020Q3 . 6 9 2020Q3 . 6 10 . 6 11 . 6 12 2020Q3 3.3% . 7 13 2020Q3 . 7 14 2020Q3 . 8 15 2020Q3 . 8 16 2020Q3 . 9 17 2020Q3 . 9 18 2020Q3 . 9 19 2020Q3 . 9 20 2020Q3 20.5% . 10 21 2020Q3 32% . 10 22 2020Q3 . 11 23 2020Q3 . 11 3 / 20 24 2020Q3 . 12 25 2020Q3 . 12 26 2020Q3 . 12 27 2020Q3 . 12 1 2020Q3 . 7 2 2020Q3 . 8 3 2020Q3 . 10 4 2020Q3 . 11 5 2020Q3 . 13 6 . 18 4 / 20 1 1.1 GDP CPI 2020 GDP CPI 2 CPI +5.2% CPI +21.9% GDP +0.7% +4.9% CPI 2020 9 / CPI +1.7%/+7.9% 2 3.5pct/14.0pct 1 2020Q3 GDP 2 2020Q3 / CPI 8 9 2020 27.33 -7.2% -19% -4% +1% 2020 8 +0.5% 9 +3.3% 2020 9 12541 +5.6% 5 3 2020 9 +3.3% 4 2020Q3 0.7% -10% -5% 0% 5% 10% 15% 2010-03 2010-09 2011-03 2011-09 2012-03 2012-09 2013-03 2013-09 2014-03 2014-09 2015-03 2015-09 2016-03 2016-09 2017-03 2017-09 2018-03 2018-09 2019-03 2019-09 2020-03 2020-09 GDP: 5.2% 1.7% 21.9% 7.9% -10% -5% 0% 5% 10% 15% 20% 25% 2010-01 2010-10 2011-07 2012-04 2013-01 2013-10 2014-07 2015-04 2016-01 2016-10 2017-07 2018-04 2019-01 2019-10 2020-07 CPI CPI 3.3% -25% -20% -15% -10% -5% 0% 5% 10% 15% 20% 2010-01 2010-10 2011-07 2012-04 2013-01 2013-10 2014-07 2015-04 2016-01 2016-10 2017-07 2018-04 2019-01 2019-10 2020-07 : 5.6% -30% -20% -10% 0% 10% 20% 30% 40% 50% 2010-01 2010-10 2011-07 2012-04 2013-01 2013-10 2014-07 2015-04 2016-01 2016-10 2017-07 2018-04 2019-01 2019-10 2020-07 5 / 20 1-9 66477 +15.3% 24.3% 9 3715 -2.9% 8 -7.0% 5 6 7-9 +9.2%/