本期投资提示:2025 年6 月社会零售总额同比增长4.8%,低于市场一致预期。6 月促消费政策继续支撑消费稳中向好,暑期消费旺季临近叠加第三批以旧换新资金即将下放,预计我国消费市场将被进一步激活。据国家统计局,25 年6 月社零总额实现4.2 万亿元,同比增长4.8%(增速环比-1.6pct),市场一致预期(+5.6%),除汽车外消费品零售额同比增长4.8%(增速环比-2.2pct)。618 ...
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