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产出修复再加速 制造业动力增强

发布时间:2020-09-17 所属栏目:业内资讯 标签: 制造业 动力
摘要:8月产出数据再度加速修复,部分由于前期的降水等负面影响解除,近期出口持续好转也有助于工业产出的修复。我们认为,疫情以及天气因素对工业产出的影响已消除,制造业主动加库存的周期阶段,以及经济总体向好的方向不变。但货币宽松、复工复产等一系列政策已推动经济回到正轨附近,产出进一步加速修复的难度上升。而产出修复叠加价格回升,企业部门利润将继续好转。此外制造业修复能维持的时间,还需继续关注外需的韧性。

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