商贸零售行业2025年8月社零数据跟踪报告:8月社零总额同比+3.4%,延续同比提升、环比下降趋势

万联证券
Sep 19, 2025

(以下内容从万联证券《商贸零售行业2025年8月社零数据跟踪报告:8月社零总额同比+3.4%,延续同比提升、环比下降趋势》研报附件原文摘录)投资要点:总体:2025年8月社零同比+3.4%,增速同比提升、环比下降。2025年8月我国社会消费品零售总额39,668亿元,同比增长3.4%,较去年同期增速提升1.3pcts,较7月增速环比下降0.3pcts。①商品零售增速继续下降,餐饮收入增速较上月小幅...

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