1月13日,美银证券在最新发布的《2026年中国消费行业展望》报告中指出,自2022年开启的消费下行周期已持续近四年,与历史上平均下行周期时长持平。青年失业率高位运行(2025年10月为17.3%)、消费者信心持续低迷、房地产价格较2021年峰值下跌超30%,这三重压力正严重制约着居民的消费意愿和能力。这就意味着2026年上半年基本面仍将承压,但消费行业就真的没有机会了么?01 .下行周期中的需求...
Source Link1月13日,美银证券在最新发布的《2026年中国消费行业展望》报告中指出,自2022年开启的消费下行周期已持续近四年,与历史上平均下行周期时长持平。青年失业率高位运行(2025年10月为17.3%)、消费者信心持续低迷、房地产价格较2021年峰值下跌超30%,这三重压力正严重制约着居民的消费意愿和能力。这就意味着2026年上半年基本面仍将承压,但消费行业就真的没有机会了么?01 .下行周期中的需求...
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