零售行业2020年中报综述.pdf

1 / 21 2020 09 03 - -2020.8.30 - A -2020.8.23 - -2020.8.15 2020 huangzepengkysec S0790519110001 lixudongkysec S0790120010014 fuchaorankysec S0790120080062 2020 GDP +3.2% 2020 4-7 -7.5%/-2.8%/-1.8%/-1.1% 1-7 25.0% 5.6pct 37 2020Q2 962 -20% -3pct 28.7 -17% +45pct 2020Q2 +1.1% 2020Q1 18.3pct 2020Q2 -39.4% 2020Q2 10.5 5.7 2020Q2 -10.6% -10% 2020 30% 2020Q2 +19% +16.6pct 5.9 +3% 2020Q2 +5.2pct 1 2 3 -24% -12% 0% 12% 24% 36% 48% 2019-09 2020-01 2020-05 2020-09 300 2 / 21 1 . 4 1.1 . 4 1.2 . 6 2 . 7 2.1 . 7 2.2 . 9 2.3 . 11 2.4 . 12 3 . 15 3.1 . 15 3.2 . 16 3.3 “ ” . 16 3.4 + . 17 3.5 . 18 4 . 19 1 2020Q2 GDP . 4 2 2020Q2 / CPI . 4 3 2020Q2 . 4 4 2020Q2 . 4 5 618 . 5 6 25% . 5 7 . 5 8 2020Q2 . 6 9 2020Q2 . 6 10 2020Q2 . 6 11 2020Q2 . 6 12 . 7 13 . 7 14 2020Q2 . 8 15 2020Q2 . 8 16 2020Q2 . 8 17 2020Q2 . 8 18 2020Q2 . 9 19 2020Q2 . 9 20 2020Q2 . 10 21 2020Q2 . 10 22 2020Q2 . 10 23 2020Q2 . 10 24 2020Q2 10.6% . 11 3 / 21 25 2020Q2 10% . 11 26 2020Q2 0.3pct . 12 27 2020Q2 . 12 28 2020Q2 . 13 29 2020Q2 . 13 30 2020H1 . 13 31 2020Q2 . 13 32 2020Q2 . 14 33 2020Q2 . 14 1 2020Q2 . 7 2 2020Q2 . 9 3 2020Q2 . 11 4 2020Q2 . 12 5 2020Q2 . 15 6 . 18 4 / 21 1 1.1 GDP CPI 2020 GDP 6.8% CPI 2 CPI +5.2% CPI +21.9% GDP -1.6% +3.2% CPI 2020 7 / CPI +2.7%/+13.2% 2 2.5pct/8.7pct 1 2020Q2 GDP 2 2020Q2 / CPI 2020 17.26 -11.4% -19% -4% 2020 4-7 -7.5%/-2.8%/-1.8%/-1.1% 2020 7 10630 +3.0% 3 2020Q2 4 2020Q2 5 / 21 618 618 2020 1-7 51018