锟斤拷锟斤拷摘要锟斤拷锟斤拷10锟铰猴拷锟絕锟斤拷锟斤拷锟斤拷锟絫前夕锟斤拷锟斤拷每锟秸斤拷锟斤拷锟斤拷聞锟斤拷锟斤拷锟斤拷位锟斤拷锟斤拷锟絎锟揭的诧拷锟絃锟絳锟斤拷Y锟斤拷锟紷示锟斤拷10锟铰凤拷锟斤拷r锟斤拷锟斤拷锟斤拷锟斤拷锟絕锟絤(x锟斤拷)锟絪小锟斤拷锟斤拷锟斤拷趨锟斤拷锟窖斤拷锟絖锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟饺伙拷锟斤拷锟斤拷A锟节ｏ拷锟斤拷锟絀(y锟斤拷)锟斤拷锟斤拷值锟杰筹拷锟节猴拷锟紻锟酵伙拷锟斤拷效锟斤拷影锟�锟斤拷锟斤拷锟斤拷锟絕9锟铰份达拷锟斤拷锟斤拷锟斤拷锟斤拷锟�锟斤拷锟教讹拷锟結锟絘投锟結锟节凤拷锟截產投锟結锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟絕锟絤(x锟斤拷)锟斤拷锟斤拷锟斤拷

锟斤拷锟斤拷前锟斤拷锟斤拷锟斤拷锟揭囷拷锟斤拷锟斤拷锟绞現锟斤拷锟斤拷“V”锟酵態(t锟斤拷i)锟斤拷锟角凤拷锟斤拷锟斤拷锟絤(x锟斤拷)锟斤拷锟斤拷锟揭統(t锟斤拷ng)計锟街岋拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷(11锟斤拷11锟斤拷)锟給锟斤拷锟斤拷锟斤拷

锟斤拷锟斤拷锟斤拷10锟铰猴拷锟絕锟斤拷锟斤拷锟斤拷锟絫前夕锟斤拷锟斤拷每锟秸斤拷锟斤拷锟斤拷聞锟斤拷锟斤拷锟斤拷位锟斤拷锟斤拷锟絎锟揭的诧拷锟絃锟絳锟斤拷Y锟斤拷锟紷示锟斤拷10锟铰凤拷锟斤拷r锟斤拷锟斤拷锟斤拷锟斤拷锟絕锟絤(x锟斤拷)锟絪小锟斤拷锟斤拷锟斤拷趨锟斤拷锟窖斤拷锟絖锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟饺伙拷锟斤拷锟斤拷A锟节ｏ拷锟斤拷锟絀(y锟斤拷)锟斤拷锟斤拷值锟杰筹拷锟节猴拷锟紻锟酵伙拷锟斤拷效锟斤拷影锟�锟斤拷锟斤拷锟斤拷锟絕9锟铰份达拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷潭锟斤拷Y锟絘投锟結锟节凤拷锟截產投锟結锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟絕锟絤(x锟斤拷)锟斤拷锟斤拷锟斤拷

锟斤拷锟斤拷CPI锟斤拷-0.7%~-0.3%

锟斤拷锟斤拷锟斤拷r锟侥斤拷锟斤拷锟絕锟絤(x锟斤拷)锟斤拷窄

锟斤拷锟斤拷锟組锟斤拷10锟铰凤拷CPI锟斤拷锟斤拷锟絕锟絤(x锟斤拷)锟斤拷窄锟窖斤拷锟缴烇拷锟斤拷懿锟斤拷L锟侥斤拷锟斤拷锟絎锟揭傦拷锟斤拷锟秸遍共锟絉锟斤拷锟斤拷锟斤拷r锟斤拷锟斤拷锟斤拷锟饺或將碉拷锟斤拷锟紸锟斤拷锟斤拷

锟斤拷锟斤拷锟斤拷泰锟斤拷锟斤拷[0.000.00%]锟斤拷席锟斤拷锟斤拷锟絎锟斤拷锟斤拷迅锟斤拷指锟斤拷锟斤拷锟侥環(hu锟斤拷n)锟饺侊拷锟斤拷锟斤拷9锟铰凤拷CPI锟絕8锟斤拷锟斤拷锟斤拷0.4%锟斤拷锟窖斤拷锟紹锟絤(x锟斤拷)锟缴傦拷锟铰岋拷锟紽锟絟(hu锟斤拷n)锟斤拷锟斤拷锟斤拷锟絃锟斤拷“锟斤拷锟斤拷(w锟斤拷n)锟斤拷锟竭筹拷通锟絪锟絕(q锟斤拷)锟絞”锟斤拷锟斤拷锟斤拷同锟絩锟斤拷示锟斤拷10锟斤拷锟教務诧拷锟斤拷锟絩锟絀(y锟斤拷)锟斤拷锟斤拷锟絩锟絘品[11.672.73%]锟絩锟斤拷指锟斤拷锟斤拷锟斤拷锟紽锟斤拷锟紷锟斤拷锟铰斤拷锟斤拷食品锟絩锟斤拷锟斤拷锟劫岋拷锟斤拷锟斤拷艿锟接绊憽锟�

锟斤拷锟斤拷锟絛锟絀(y锟斤拷)锟統锟斤拷[40.27-0.52%]锟斤拷席锟斤拷锟斤拷锟絎锟斤拷锟斤拷锟斤拷委也指锟斤拷锟斤拷10锟铰凤拷CPI锟斤拷锟紽锟絟(hu锟斤拷n)锟斤拷锟铰斤拷锟角硷拷锟斤拷(ji锟斤拷)锟斤拷規(gu锟斤拷)锟斤拷锟斤拷

锟斤拷锟斤拷“锟絤然10锟铰凤拷CPI锟斤拷锟斤拷锟斤拷未锟斤拷锟斤拷锟秸�锟斤拷锟斤拷锟揭傦拷锟紸計锟絊锟斤拷锟斤拷锟绞称凤拷r锟斤拷募锟斤拷锟�(ji锟斤拷)锟皆伙拷锟斤拷锟斤拷锟斤拷食品锟絩锟今降凤拷锟侥诧拷锟斤拷锟斤拷窄锟斤拷锟皆硷拷锟剿猴拷锟斤拷锟絅尾锟斤拷锟斤拷負效锟斤拷锟斤拷锟斤拷p锟斤拷锟斤拷CPI锟侥伙拷锟斤拷趨锟捷诧拷锟斤拷锟斤拷變锟斤拷”锟斤拷通锟統锟斤拷[8.89-0.78%]锟叫撅拷锟斤拷锟竭硷拷锟斤拷锟絕锟斤拷锟斤拷锟斤拷锟狡斤拷锟斤拷锟斤拷锟斤拷r锟斤拷锟紸锟节則锟斤拷楸ｏ拷锟�锟斤拷锟斤拷锟絁锟斤拷锟斤拷锟斤拷锟絩锟斤拷锟斤拷锟斤拷锟饺碉拷锟斤拷锟紸锟节★拷锟斤拷锟組一锟斤拷指锟斤拷锟斤拷11锟斤拷CPI同锟饺岋拷锟紻锟斤拷锟斤拷锟斤拷锟絃锟斤拷锟斤拷2010锟斤拷锟揭囷拷锟斤拷r锟斤拷锟截伙拷锟斤拷锟斤拷軌锟斤拷锟斤拷

锟斤拷锟斤拷PPI锟斤拷-6.7%~-4.4%

锟斤拷锟斤拷锟斤拷锟絀(y锟斤拷)品锟絩锟斤拷q锟斤拷锟斤拷锟紽

锟斤拷锟斤拷锟斤拷锟絕锟节岋拷CPI锟斤拷锟斤拷锟斤拷一锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷10锟铰凤拷PPI锟斤拷锟紸锟統锟絪锟斤拷锟斤拷锟絕锟斤拷锟斤拷

锟斤拷锟斤拷锟斤拷锟統锟絝锟斤拷[3.791.88%]锟斤拷席锟斤拷锟絕锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷J锟斤拷锟斤拷10锟斤拷PPI锟斤拷锟絕锟斤拷锟铰达拷锟斤拷蠞q2.6锟斤拷锟劫凤拷锟絚锟斤拷-4.4%锟斤拷锟斤拷锟絩锟絀(y锟斤拷)锟統锟斤拷锟斤拷席锟斤拷锟斤拷锟絎锟揭猴拷志锟缴憋拷示锟斤拷10锟铰凤拷PPI锟紿锟斤拷锟较漲0.3锟斤拷锟劫凤拷锟絚锟斤拷

锟斤拷锟斤拷锟教務诧拷锟斤拷锟斤拷锟紷示锟斤拷9锟斤拷锟斤拷旬锟皆侊拷锟斤拷锟絀(y锟斤拷)品锟絩锟斤拷一直锟絊锟斤拷小锟斤拷锟斤拷锟斤拷膽B(t锟斤拷i)锟斤拷锟斤拷锟斤拷9锟斤拷30锟秸筹拷品锟酵價锟斤拷锟絳锟斤拷锟酵價也锟斤拷锟紽锟斤拷2%~5%锟斤拷锟铰斤拷锟斤拷锟斤拷锟斤拷委還锟结到锟斤拷锟斤拷锟斤拷锟斤拷锟紸锟斤拷锟斤拷要锟斤拷锟斤拷锟絘品锟絩锟斤拷锟斤拷10锟斤拷锟斤拷锟斤拷旬锟斤拷锟紽锟絕锟絤(x锟斤拷)锟斤拷锟斤拷锟铰碉拷锟斤拷

锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷委同锟絩指锟斤拷锟斤拷鋼材斤拷锟斤拷锟劫讹拷锟斤拷r锟斤拷锟斤拷锟杰岋拷锟斤拷PPI全锟铰斤拷锟斤拷锟絕9锟斤拷锟紷锟斤拷锟絪锟�锟�锟斤拷锟斤拷色锟斤拷锟斤拷也锟絕锟絤(x锟斤拷)锟较漲锟斤拷锟截別锟斤拷锟絶锟斤拷10锟斤拷锟斤拷旬锟絨锟斤拷锟窖筹拷9锟斤拷锟斤拷煤炭锟斤拷锟斤拷锟斤拷锟斤拷锟絭3锟斤拷锟斤拷锟紹锟絤(x锟斤拷)锟铰碉拷锟斤拷锟斤拷煤炭锟絩锟斤拷锟絊锟斤拷锟斤拷锟斤拷锟斤拷暖锟侥嗭拷锟接讹拷锟紷锟斤拷锟较漲锟�锟斤拷锟斤拷]锟斤拷10锟铰凤拷锟絅尾锟斤拷锟斤拷锟絕锟斤拷锟斤拷锟斤拷锟斤拷1.9锟斤拷锟劫凤拷锟絚锟斤拷锟斤拷锟斤拷委锟斤拷锟斤拷A計PPI同锟斤拷锟斤拷锟斤拷-5.6%~-4.6%锟絕(q锟斤拷)锟絞锟斤拷锟斤拷值-5.1%锟斤拷锟絕锟斤拷锟斤拷锟斤拷窄1.9锟斤拷锟劫凤拷锟絚锟斤拷

锟斤拷锟斤拷锟斤拷锟絀(y锟斤拷)锟斤拷14.5%~17.5%

锟斤拷锟斤拷锟斤拷锟斤拷锟截促筹拷锟絕锟絤(x锟斤拷)锟斤拷锟斤拷

锟斤拷锟斤拷锟斤拷锟杰诧拷锟絃锟侥斤拷锟斤拷锟絎锟揭撅拷锟絁锟斤拷锟斤拷10锟铰份的癸拷锟絀(y锟斤拷)锟斤拷锟絃锟斤拷锟絕9锟铰凤拷锟組一锟斤拷锟斤拷锟劫★拷

锟斤拷锟斤拷9锟铰旓拷锟斤拷锟紷示锟斤拷锟斤拷锟铰癸拷锟絀(y锟斤拷)锟斤拷锟斤拷值同锟斤拷锟斤拷锟絃13.9%锟斤拷記锟斤拷锟絳锟斤拷贸锟斤拷锟�10锟斤拷锟斤拷锟斤拷A锟統值锟斤拷锟斤拷锟斤拷锟斤拷锟統锟絝锟斤拷锟斤拷锟斤拷14.5%锟斤拷锟斤拷锟解，锟斤拷志锟缴猴拷锟斤拷锟斤拷委锟斤拷锟紸計10锟铰份癸拷锟絀(y锟斤拷)锟斤拷锟劫岋拷锟斤拷锟斤拷锟斤拷锟�2.6锟斤拷锟劫凤拷锟絚锟斤拷17.5%锟斤拷“锟斤拷要锟叫業(y锟斤拷)锟斤拷锟絘锟斤拷(w锟斤拷n)锟斤拷锟斤拷锟斤拷锟节筹拷锟絤(x锟斤拷)锟斤拷锟紻锟酵伙拷锟斤拷效锟斤拷锟斤拷锟紸計锟斤拷锟斤拷锟斤拷10锟铰份癸拷锟絀(y锟斤拷)锟斤拷锟斤拷值同锟饺旓拷锟斤拷锟絕锟絤(x锟斤拷)锟斤拷锟脚伙拷锟斤拷锟斤拷锟斤拷要锟斤拷锟斤拷锟斤拷”

锟斤拷锟斤拷锟斤拷锟斤拷委锟組一锟斤拷锟斤拷锟斤拷指锟斤拷锟斤拷锟狡動斤拷锟节癸拷锟絀(y锟斤拷)锟斤拷锟絘锟斤拷锟叫的斤拷通锟絓輸锟絆锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷色/锟斤拷色锟斤拷锟斤拷冶锟斤拷锟斤拷锟斤拷锟接業(y锟斤拷)锟斤拷锟紸計锟斤拷10锟斤拷锟絕锟絤(x锟斤拷)锟斤拷锟街忥拷锟斤拷锟斤拷锟斤拷锟斤拷(ji锟斤拷)锟斤拷锟斤拷诘锟斤拷^锟絤(x锟斤拷)锟斤拷锟斤拷锟斤拷也锟斤拷锟接癸拷锟絀(y锟斤拷)锟斤拷锟絘锟絕锟絤(x锟斤拷)锟斤拷锟斤拷锟斤拷锟斤拷锟�锟斤拷去锟疥當锟节環(hu锟斤拷n)锟斤拷锟斤拷锟劫讹拷锟斤拷锟斤拷同锟饺筹拷锟紽锟斤拷锟斤拷式锟铰碉拷锟斤拷锟紷一锟斤拷锟斤拷效锟斤拷锟斤拷使10锟铰癸拷锟絀(y锟斤拷)锟斤拷锟斤拷值同锟饺旓拷锟斤拷锟斤拷锟斤拷锟较漲锟侥匡拷锟斤拷锟斤拷锟絕锟斤拷锟斤拷

锟斤拷锟斤拷锟斤拷迅锟阶忥拷锟斤拷一锟斤拷锟斤拷指锟斤拷锟斤拷锟絀(y锟斤拷)锟侥硷拷锟斤拷锟斤拷锟絃锟斤拷锟斤拷锟斤拷“10锟铰凤拷锟斤拷锟斤拷I(y锟斤拷)PMI锟叫碉拷原锟斤拷锟较庯拷锟街革拷锟戒浀脷v史锟铰低碉拷43.4%锟斤拷锟紷示目前锟斤拷锟絘锟窖斤拷锟斤拷锟斤拷锟斤拷锟絅锟桔碉拷锟劫讹拷锟斤拷锟斤拷锟�锟斤拷未锟斤拷讉锟斤拷碌锟斤拷锟斤拷a锟斤拷锟斤拷锟組一锟斤拷锟斤拷锟斤拷锟斤拷”锟斤拷還锟絁锟斤拷锟斤拷锟截癸拷锟絀(y锟斤拷)锟斤拷锟劫岋拷锟絕锟絤(x锟斤拷)锟斤拷锟斤拷锟絧锟斤拷锟絀(y锟斤拷)锟斤拷锟劫★拷

锟斤拷锟斤拷锟斤拷投锟斤拷33.3%~34.4%锟斤拷锟截產锟斤拷锟斤拷锟截回革拷锟絚

锟斤拷锟斤拷10锟铰份筹拷锟�(zh锟斤拷n)锟教讹拷锟結锟絘投锟結锟斤拷锟斤拷锟紸計也锟斤拷锟斤拷锟斤拷锟斤拷锟�锟斤拷锟斤拷锟叫凤拷锟截產锟絀(y锟斤拷)锟斤拷锟絝锟斤拷锟絕锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷

锟斤拷锟斤拷“锟斤拷锟斤拷锟斤拷锟斤拷锟侥�锟斤拷锟斤拷锟截產锟絀(y锟斤拷)锟斤拷锟斤拷锟斤拷I(y锟斤拷)锟斤拷锟斤拷類诧拷锟絋锟斤拷锟斤拷投锟結锟絶之锟斤拷占锟斤拷锟斤拷锟侥九成讹拷锟斤拷”锟斤拷迅锟阶革拷锟絍記锟斤拷锟斤拷锟組锟斤拷锟铰帮拷锟斤拷锟斤拷锟斤拷投锟斤拷趨锟斤拷锟斤拷锟斤拷锟斤拷投锟結锟斤拷锟斤拷锟铰斤拷锟斤拷锟斤拷锟截產投锟結锟金步伙拷锟斤拷锟斤拷锟斤拷锟截產锟絀(y锟斤拷)锟斤拷投锟結锟斤拷锟劫碉拷貢锟絀使锟斤拷锟斤拷锟絯锟斤拷锟斤拷锟斤拷锟截回革拷锟絚锟斤拷目前锟斤拷锟斤拷锟斤拷锟紷锟斤拷锟斤拷锟絋占锟斤拷投锟斤拷锟斤拷锟侥憋拷锟斤拷锟斤拷锟铰烇拷40%锟斤拷20%锟斤拷30%锟斤拷

锟斤拷锟斤拷锟斤拷锟斤拷委也锟絁锟斤拷锟斤拷锟斤拷锟截產锟斤拷锟絕锟絤(x锟斤拷)锟斤拷锟接癸拷投锟较漲锟斤拷锟斤拷锟斤拷锟斤拷未锟斤拷一锟轿時锟絞锟斤都锟斤拷锟絕锟絤(x锟斤拷)锟斤拷锟街伙拷锟斤拷锟紹(t锟斤拷i)锟斤拷锟斤拷“锟紷锟斤拷支锟轿地凤拷投锟結锟絕锟絤(x锟斤拷)锟斤拷锟斤拷锟斤拷”

锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟酵讹拷Y锟斤拷锟斤拷投锟結锟铰發(f锟斤拷)锟絯锟紽锟节旓拷锟斤拷锟斤拷锟斤拷一锟斤拷锟侥滐拷锟斤拷锟斤拷锟紸計锟斤拷锟斤拷锟侥硷拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟絋锟斤拷投锟結锟斤拷锟斤拷锟斤拷40%锟斤拷45%之锟絞锟斤拷锟劫硷拷锟较诧拷锟斤拷锟斤拷锟斤拷牡禺a投锟結锟斤拷锟斤拷锟酵讹拷Y锟斤拷锟絯锟斤拷锟斤拷還锟斤拷锟絊锟街革拷位锟斤拷锟斤拷迅锟斤拷锟紸計1锟斤拷~10锟铰癸拷投锟斤拷計锟斤拷锟劫岋拷锟斤拷锟斤拷锟斤拷33.5%锟斤拷

锟斤拷锟斤拷同锟絩锟斤拷锟斤拷锟斤拷锟絕锟絤(x锟斤拷)锟接忥拷锟絲锟斤拷锟斤拷锟斤拷投锟結锟侥匡拷锟斤拷鋵嶏拷锟絩锟斤拷锟斤拷锟斤拷锟铰業(y锟斤拷)(锟斤拷锟斤拷锟斤拷通锟絓輸锟絀(y锟斤拷)锟斤拷锟斤拷锟�/燃锟斤拷/水锟斤拷锟斤拷锟絘锟酵癸拷锟斤拷锟絀(y锟斤拷))投锟結锟斤拷锟斤拷锟絕锟絤(x锟斤拷)锟斤拷锟街革拷锟斤拷锟斤拷锟�锟斤拷锟斤拷]锟斤拷去锟斤拷10锟铰�锟斤拷锟酵讹拷Y锟斤拷锟劫讹拷锟斤拷锟侥伙拷锟斤拷效锟斤拷锟斤拷锟斤拷锟斤拷委锟紸計1锟斤拷~10锟斤拷锟斤拷計锟斤拷锟斤拷锟絖33.9%锟斤拷锟斤拷1~9锟斤拷锟斤拷锟�0.6锟斤拷锟劫凤拷锟絚锟斤拷