{"id":25949,"date":"2026-07-08T18:18:28","date_gmt":"2026-07-08T10:18:28","guid":{"rendered":"https:\/\/openhub365.cn\/?p=25949"},"modified":"2026-07-14T10:03:10","modified_gmt":"2026-07-14T02:03:10","slug":"16-%e9%80%9a%e8%b4%a7%e7%b4%a7%e7%bc%a9%e7%9b%b8%e5%85%b3%e8%af%8d%e6%b1%87","status":"publish","type":"post","link":"https:\/\/openhub365.cn\/index.php\/2026\/07\/08\/16-%e9%80%9a%e8%b4%a7%e7%b4%a7%e7%bc%a9%e7%9b%b8%e5%85%b3%e8%af%8d%e6%b1%87\/","title":{"rendered":"16.\u8003\u7814\u82f1\u8bed\uff1a\u901a\u8d27\u7d27\u7f29\u76f8\u5173\u8bcd\u6c47"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">\u4e86\u89e3\u66f4\u591a<a href=\"https:\/\/openhub365.cn\/index.php\/2026\/07\/04\/%e9%9b%85%e6%80%9d%ef%bc%9a%e8%87%aa%e7%84%b6%e8%b5%84%e6%ba%90%e4%b8%8e%e6%96%b0%e8%83%bd%e6%ba%90%e7%b1%bb%e8%af%8d%e6%b1%87%e7%9b%ae%e5%bd%95\/\" data-type=\"post\" data-id=\"23298\">\u96c5\u601d\uff1a\u81ea\u7136\u8d44\u6e90\u4e0e\u65b0\u80fd\u6e90\u7c7b\u8bcd\u6c47\u76ee\u5f55<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">751.&nbsp;deflation spiral \/\u02ccdi\u02d0\u02c8fle\u026a\u0283n \u02c8spa\u026ar\u0259l\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u901a\u7f29\u6076\u6027\u5faa\u73af\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u7d27\u7f29\u87ba\u65cb<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u7269\u4ef7\u4e0b\u8dcc\u2192\u6d88\u8d39\u5ef6\u540e\u2192\u7ecf\u6d4e\u8870\u9000\u2192\u7269\u4ef7\u7ee7\u7eed\u4e0b\u8dcc<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aDeflation spiral traps economy into long-term downturn.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u901a\u7f29\u87ba\u65cb\u8ba9\u7ecf\u6d4e\u9677\u5165\u957f\u671f\u4e0b\u884c\u56f0\u5883\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">752.&nbsp;cash hoarding \/k\u00e6\u0283 \u02c8h\u0254\u02d0d\u026a\u014b\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u73b0\u91d1\u56e4\u79ef\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u8d44\u91d1\u50a8\u85cf<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u5c45\u6c11\u6301\u5e01\u89c2\u671b\uff0c\u6d41\u52a8\u6027\u67af\u7aed\u52a0\u5267\u901a\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aMass cash hoarding worsens vicious deflation cycle.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5927\u89c4\u6a21\u56e4\u94b1\u52a0\u5267\u6076\u6027\u901a\u7f29\u5faa\u73af\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">753.&nbsp;price depression \/pra\u026as d\u026a\u02c8pre\u0283n\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u7269\u4ef7\u8427\u6761\u4f4e\u8ff7\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u4ef7\u683c\u4f4e\u843d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u5168\u57df\u7269\u4ef7\u957f\u671f\u4f4e\u4f4d\uff0c\u6df1\u5ea6\u901a\u8d27\u7d27\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aLong price depression damages corporate earnings severely.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u957f\u671f\u7269\u4ef7\u8427\u6761\u4e25\u91cd\u635f\u5bb3\u4f01\u4e1a\u76c8\u5229\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">754.&nbsp;demand slack \/d\u026a\u02c8m\u0251\u02d0nd sl\u00e6k\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u9700\u6c42\u95f2\u7f6e\u7f3a\u53e3\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u9700\u6c42\u677e\u5f1b<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u793e\u4f1a\u6709\u6548\u9700\u6c42\u4e0d\u8db3\uff0c\u901a\u7f29\u6838\u5fc3\u8bf1\u56e0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aSerious demand slack leads to persistent deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u4e25\u91cd\u9700\u6c42\u75b2\u8f6f\u5f15\u53d1\u6301\u7eed\u6027\u901a\u8d27\u7d27\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">755.&nbsp;excess capacity \/\u02c8ekses k\u0259\u02c8p\u00e6s\u0259ti\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u4ea7\u80fd\u8fc7\u5269\u95f2\u7f6e\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u8d85\u989d\u4ea7\u80fd<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u5de5\u5382\u5f00\u5de5\u4e0d\u8db3\uff0c\u4f9b\u8fc7\u4e8e\u6c42\u538b\u4f4e\u7269\u4ef7\u901a\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aExcess capacity suppresses prices and causes deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u4ea7\u80fd\u8fc7\u5269\u538b\u5236\u7269\u4ef7\uff0c\u5f15\u53d1\u901a\u8d27\u7d27\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">756.&nbsp;downward rigidity \/\u02c8da\u028anw\u0259d r\u026a\u02c8d\u0292\u026ad\u0259ti\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u7269\u4ef7\u4e0b\u884c\u521a\u6027\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u5411\u4e0b\u56fa\u5b9a\u6027<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u7269\u4ef7\u6613\u8dcc\u96be\u6da8\uff0c\u901a\u7f29\u957f\u671f\u96be\u4ee5\u53cd\u8f6c<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aDownward rigidity prolongs the deflation period greatly.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u7269\u4ef7\u4e0b\u884c\u521a\u6027\u5927\u5e45\u62c9\u957f\u901a\u7f29\u5468\u671f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">757.&nbsp;nominal decline \/\u02c8n\u0252m\u026anl d\u026a\u02c8kla\u026an\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u540d\u4e49\u7269\u4ef7\u56de\u843d\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u8d26\u9762\u4e0b\u964d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u672a\u5254\u9664\u56e0\u7d20\uff0c\u8868\u9762\u7269\u4ef7\u6301\u7eed\u8d70\u4f4e\u901a\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aNominal price decline marks obvious deflation signals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u540d\u4e49\u7269\u4ef7\u4e0b\u8dcc\u663e\u73b0\u660e\u663e\u901a\u7f29\u4fe1\u53f7\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">758.&nbsp;real deflation \/r\u026a\u0259l d\u026a\u02c8fle\u026a\u0283n\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5b9e\u9645\u901a\u8d27\u7d27\u7f29\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u771f\u5b9e\u7d27\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u6263\u9664\u56e0\u7d20\u540e\uff0c\u771f\u5b9e\u8d2d\u4e70\u529b\u7269\u4ef7\u6301\u7eed\u4e0b\u8dcc<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aReal deflation reduces residents\u2019 actual living standards.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5b9e\u9645\u901a\u7f29\u964d\u4f4e\u5c45\u6c11\u771f\u5b9e\u751f\u6d3b\u6c34\u5e73\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">759.&nbsp;liquidity shortage \/l\u026a\u02c8kw\u026ad\u0259ti \u02c8\u0283\u0254\u02d0t\u026ad\u0292\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u6d41\u52a8\u6027\u77ed\u7f3a\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u8d44\u91d1\u4e0d\u8db3<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u5e02\u573a\u8d27\u5e01\u504f\u5c11\uff0c\u8bf1\u53d1\u6df1\u5ea6\u901a\u8d27\u7d27\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aLiquidity shortage deepens national economic deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u6d41\u52a8\u6027\u77ed\u7f3a\u52a0\u5267\u56fd\u6c11\u7ecf\u6d4e\u901a\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">760.&nbsp;credit crunch \/\u02c8kred\u026at kr\u028cnt\u0283\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u4fe1\u8d37\u6536\u7f29\u7d27\u7f29\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u4fe1\u8d37\u7d27\u5f20<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u94f6\u884c\u60dc\u8d37\uff0c\u878d\u8d44\u56f0\u96be\u52a0\u5267\u7ecf\u6d4e\u901a\u7f29\u8870\u9000<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aCredit crunch restrains investment and fuels deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u4fe1\u8d37\u6536\u7d27\u6291\u5236\u6295\u8d44\uff0c\u52a0\u5267\u901a\u8d27\u7d27\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">761.&nbsp;underconsumption \/\u02cc\u028cnd\u0259k\u0259n\u02c8s\u028cmp\u0283n\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u6d88\u8d39\u4e0d\u8db3\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u6d88\u8d39\u504f\u4f4e<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u5c45\u6c11\u6d88\u8d39\u4e4f\u529b\uff0c\u5168\u9762\u5f15\u53d1\u7269\u4ef7\u901a\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aChronic underconsumption causes long-term deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u957f\u671f\u6d88\u8d39\u4e0d\u8db3\u5f15\u53d1\u6301\u4e45\u901a\u8d27\u7d27\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">762.&nbsp;oversupply pressure \/\u02cc\u0259\u028av\u0259 s\u0259\u02c8pla\u026a \u02c8pre\u0283\u0259\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u4f9b\u7ed9\u8fc7\u5269\u538b\u529b\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u4f9b\u5e94\u8d85\u989d\u538b\u529b<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u5546\u54c1\u79ef\u538b\uff0c\u6301\u7eed\u6253\u538b\u7269\u4ef7\u8d70\u5411\u901a\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aOversupply pressure keeps prices in deflation trend.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u4f9b\u7ed9\u8fc7\u5269\u538b\u529b\u8ba9\u7269\u4ef7\u4fdd\u6301\u901a\u7f29\u8d70\u52bf\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">763.&nbsp;pessimistic expectation \/\u02ccpes\u026a\u02c8m\u026ast\u026ak \u02ccekspek\u02c8te\u026a\u0283n\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u60b2\u89c2\u901a\u7f29\u9884\u671f\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u6d88\u6781\u9884\u5224<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u5168\u6c11\u770b\u8dcc\u7269\u4ef7\uff0c\u81ea\u6211\u5b9e\u73b0\u6076\u6027\u901a\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aPessimistic expectation strengthens deflation spiral.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u60b2\u89c2\u9884\u671f\u5f3a\u5316\u901a\u7f29\u87ba\u65cb\u5faa\u73af\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">764.&nbsp;deferred consumption \/d\u026a\u02c8f\u025c\u02d0d k\u0259n\u02c8s\u028cmp\u0283n\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5ef6\u540e\u89c2\u671b\u6d88\u8d39\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u63a8\u8fdf\u8d2d\u4e70<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u7b49\u5f85\u964d\u4ef7\u63a8\u8fdf\u6d88\u8d39\uff0c\u6076\u6027\u5faa\u73af\u901a\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aMass deferred consumption worsens market deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5168\u6c11\u5ef6\u540e\u6d88\u8d39\u52a0\u5267\u5e02\u573a\u901a\u8d27\u7d27\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">765.&nbsp;wage stagnation \/we\u026ad\u0292 st\u00e6\u0261\u02c8ne\u026a\u0283n\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u85aa\u8d44\u505c\u6ede\u4e0d\u6da8\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u5de5\u8d44\u505c\u6ede<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u6536\u5165\u505c\u6ede\u65e0\u529b\u6d88\u8d39\uff0c\u52a0\u6df1\u957f\u671f\u901a\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aWage stagnation fails to reverse continuous deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u85aa\u8d44\u505c\u6ede\u65e0\u6cd5\u626d\u8f6c\u6301\u7eed\u901a\u8d27\u7d27\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">766.&nbsp;profit collapse \/\u02c8pr\u0252f\u026at k\u0259\u02c8l\u00e6ps\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u4f01\u4e1a\u5229\u6da6\u66b4\u8dcc\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u76c8\u5229\u5d29\u584c<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u7269\u4ef7\u4e0b\u8dcc\u76c8\u5229\u5d29\u76d8\uff0c\u88c1\u5458\u51cf\u4ea7\u52a0\u5267\u901a\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aProfit collapse leads to mass layoffs and deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5229\u6da6\u66b4\u8dcc\u5f15\u53d1\u88c1\u5458\uff0c\u52a0\u5267\u901a\u8d27\u7d27\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">767.&nbsp;industrial slump \/\u026an\u02c8d\u028cstri\u0259l sl\u028cmp\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u884c\u4e1a\u666f\u6c14\u66b4\u8dcc\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u4ea7\u4e1a\u4e0b\u6ed1<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u5de5\u4e1a\u4f4e\u8ff7\uff0c\u51fa\u5382\u4ef7\u6301\u7eed\u8d70\u4f4e\u5f62\u6210\u901a\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aIndustrial slump pushes PPI into continuous deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5de5\u4e1a\u4f4e\u8ff7\u8ba9PPI\u9677\u5165\u6301\u7eed\u901a\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">768.&nbsp;price trough \/pra\u026as tr\u0252f\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u7269\u4ef7\u5468\u671f\u8c37\u5e95\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u4ef7\u683c\u4f4e\u4f4d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u901a\u7f29\u6700\u4f4e\u70b9\uff0c\u957f\u671f\u4f4e\u4f4d\u96be\u4ee5\u53cd\u5f39<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aPrices stay at trough amid severe long deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u957f\u671f\u4e25\u901a\u7f29\u4e0b\u7269\u4ef7\u5f98\u5f8a\u8c37\u5e95\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">769.&nbsp;weak demand cycle \/wi\u02d0k d\u026a\u02c8m\u0251\u02d0nd \u02c8sa\u026akl\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5f31\u9700\u6c42\u5468\u671f\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u4f4e\u8ff7\u9700\u6c42\u5faa\u73af<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u7ecf\u6d4e\u4e0b\u884c\u5468\u671f\uff0c\u4f34\u968f\u6301\u7eed\u6027\u7269\u4ef7\u901a\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aWeak demand cycle extends domestic deflation duration.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5f31\u9700\u6c42\u5468\u671f\u62c9\u957f\u56fd\u5185\u901a\u7f29\u65f6\u957f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">770.&nbsp;currency tightening \/\u02c8k\u028cr\u0259nsi \u02c8ta\u026atn\u026a\u014b\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u8d27\u5e01\u603b\u91cf\u6536\u7d27\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u8d44\u91d1\u6536\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u8d27\u5e01\u53d1\u884c\u91cf\u8fc7\u5c11\uff0c\u8bf1\u53d1\u6076\u6027\u901a\u8d27\u7d27\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aExcessive currency tightening triggers serious deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u8fc7\u5ea6\u8d27\u5e01\u6536\u7d27\u5f15\u53d1\u4e25\u91cd\u901a\u8d27\u7d27\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">771.&nbsp;disinflation trend \/\u02ccd\u026as\u026an\u02c8fle\u026a\u0283n trend\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u901a\u80c0\u4e0b\u884c\u8d8b\u52bf\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u6da8\u4ef7\u653e\u7f13\u8d70\u52bf<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u6da8\u5e45\u6301\u7eed\u56de\u843d\uff0c\u9010\u6b65\u8f6c\u5165\u901a\u8d27\u7d27\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aDisinflation trend evolves into formal deflation quickly.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u901a\u80c0\u4e0b\u884c\u5feb\u901f\u6f14\u53d8\u4e3a\u6b63\u5f0f\u901a\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">772.&nbsp;negative growth \/\u02c8ne\u0261\u0259t\u026av \u0261r\u0259\u028a\u03b8\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u7269\u4ef7\u8d1f\u589e\u957f\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u8d1f\u589e\u901f<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1aCPI\u540c\u6bd4\u4e0b\u8dcc\uff0c\u6807\u51c6\u901a\u8d27\u7f29\u6807\u5fd7<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aNegative CPI growth confirms official deflation status.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1aCPI\u8d1f\u589e\u957f\u786e\u8ba4\u8fdb\u5165\u901a\u7f29\u72b6\u6001\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">773.&nbsp;idle stock \/\u02c8a\u026adl st\u0252k\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5e93\u5b58\u79ef\u538b\u95f2\u7f6e\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u95f2\u7f6e\u5b58\u8d27<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u5546\u54c1\u5356\u4e0d\u51fa\u964d\u4ef7\u6e05\u4ed3\uff0c\u538b\u4f4e\u6574\u4f53\u901a\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aHuge idle stock forces price cuts and deepens deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5927\u91cf\u5e93\u5b58\u79ef\u538b\u964d\u4ef7\uff0c\u52a0\u5267\u901a\u8d27\u7d27\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">774.&nbsp;economic atrophy \/\u02cci\u02d0k\u0259\u02c8n\u0252m\u026ak \u02c8\u00e6tr\u0259fi\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u7ecf\u6d4e\u840e\u7f29\u8870\u9000\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u7ecf\u6d4e\u8870\u9000\u840e\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u7ecf\u6d4e\u4f53\u6536\u7f29\u840e\u7f29\uff0c\u7269\u4ef7\u5168\u9762\u901a\u7f29\u4e0b\u884c<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aEconomic atrophy brings lasting downward price pressure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u7ecf\u6d4e\u840e\u7f29\u5e26\u6765\u957f\u671f\u7269\u4ef7\u4e0b\u884c\u538b\u529b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">775.&nbsp;dull turnover \/d\u028cl \u02c8t\u025c\u02d0n\u0259\u028av\u0259\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5e02\u573a\u4ea4\u6613\u51b7\u6e05\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u6210\u4ea4\u4f4e\u8ff7<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u4e70\u5356\u6e05\u6de1\uff0c\u6d41\u901a\u53d8\u6162\u52a0\u5267\u7269\u4ef7\u901a\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aDull turnover sustains long-term social deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u51b7\u6e05\u4ea4\u6613\u7ef4\u6301\u957f\u671f\u793e\u4f1a\u901a\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">776.&nbsp;debt deflation \/det d\u026a\u02c8fle\u026a\u0283n\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u503a\u52a1\u578b\u901a\u7f29\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u8d1f\u503a\u7d27\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u503a\u52a1\u6c89\u91cd\u964d\u4ef7\u507f\u503a\uff0c\u6076\u6027\u5faa\u73af\u901a\u7f29\u8427\u6761<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aDebt deflation is a fatal economic crisis mode.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u503a\u52a1\u901a\u7f29\u662f\u81f4\u547d\u7ecf\u6d4e\u5371\u673a\u6a21\u5f0f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">777.&nbsp;repayment pressure \/r\u026a\u02c8pe\u026am\u0259nt \u02c8pre\u0283\u0259\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u507f\u503a\u538b\u529b\u6500\u5347\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u8fd8\u6b3e\u8d1f\u62c5<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u901a\u7f29\u4e0b\u5b9e\u9645\u503a\u52a1\u53d8\u91cd\uff0c\u6324\u538b\u6d88\u8d39\u6295\u8d44<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aHigher repayment pressure worsens overall deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u507f\u503a\u52a0\u538b\u52a0\u5267\u6574\u4f53\u901a\u8d27\u7d27\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">778.&nbsp;sluggish turnover \/\u02c8sl\u028c\u0261\u026a\u0283 \u02c8t\u025c\u02d0n\u0259\u028av\u0259\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5468\u8f6c\u7f13\u6162\u4f4e\u8ff7\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u6d41\u8f6c\u8fdf\u7f13<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u5546\u54c1\u8d44\u91d1\u5468\u8f6c\u6162\uff0c\u5e02\u573a\u51b7\u5374\u8d70\u5165\u901a\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aSluggish turnover reduces market vitality and causes deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5468\u8f6c\u4f4e\u8ff7\u964d\u4f4e\u6d3b\u529b\uff0c\u8bf1\u53d1\u901a\u8d27\u7d27\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">779.&nbsp;price retreat \/pra\u026as r\u026a\u02c8tri\u02d0t\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u7269\u4ef7\u6301\u7eed\u56de\u64a4\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u4ef7\u683c\u56de\u843d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u7269\u4ef7\u6301\u7eed\u4e0b\u8dcc\uff0c\u901a\u7f29\u6001\u52bf\u4e0d\u65ad\u52a0\u6df1<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aContinuous price retreat forms systematic deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u6301\u7eed\u7269\u4ef7\u56de\u64a4\u5f62\u6210\u7cfb\u7edf\u6027\u901a\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">780.&nbsp;market chill \/\u02c8m\u0251\u02d0k\u026at t\u0283\u026al\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5e02\u573a\u666f\u6c14\u9047\u51b7\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u884c\u60c5\u964d\u6e29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u6295\u8d44\u6d88\u8d39\u53cc\u51b7\uff0c\u5168\u9762\u8fdb\u5165\u901a\u7f29\u5468\u671f<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aMarket chill spreads and triggers nationwide deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u884c\u60c5\u9047\u51b7\u8513\u5ef6\uff0c\u5f15\u53d1\u5168\u56fd\u901a\u8d27\u7d27\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">781.&nbsp;low liquidity \/l\u0259\u028a l\u026a\u02c8kw\u026ad\u0259ti\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u4f4e\u6d41\u52a8\u6027\u73af\u5883\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u8d44\u91d1\u6d3b\u8dc3\u5ea6\u4f4e<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u5e02\u573a\u6d3b\u6c34\u4e0d\u8db3\uff0c\u7269\u4ef7\u957f\u671f\u4f4e\u8ff7\u901a\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aLow liquidity restores slowly under deep deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u6df1\u5ea6\u901a\u7f29\u4e0b\u6d41\u52a8\u6027\u590d\u82cf\u5341\u5206\u7f13\u6162\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">782.&nbsp;depressed demand \/d\u026a\u02c8prest d\u026a\u02c8m\u0251\u02d0nd\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u4f4e\u8ff7\u6709\u6548\u9700\u6c42\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u75b2\u8f6f\u9700\u6c42<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u521a\u9700\u4e0d\u8db3\uff0c\u957f\u671f\u538b\u5236\u7269\u4ef7\u4f4e\u4f4d\u901a\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aDepressed demand cannot lift falling commodity prices.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u4f4e\u8ff7\u9700\u6c42\u65e0\u6cd5\u56de\u5347\u4e0b\u8dcc\u5546\u54c1\u7269\u4ef7\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">783.&nbsp;marginal shrink \/\u02c8m\u0251\u02d0d\u0292\u026anl \u0283r\u026a\u014bk\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u8fb9\u9645\u9700\u6c42\u6536\u7f29\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u589e\u91cf\u7f29\u51cf<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u65b0\u589e\u6d88\u8d39\u6301\u7eed\u53d8\u5c11\uff0c\u6e10\u8fdb\u5f0f\u901a\u7f29\u4e0b\u884c<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aMarginal shrink accelerates the arrival of deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u8fb9\u9645\u6536\u7f29\u52a0\u901f\u901a\u8d27\u7d27\u7f29\u5230\u6765\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">784.&nbsp;industrial slack \/\u026an\u02c8d\u028cstri\u0259l sl\u00e6k\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5de5\u4e1a\u4ea7\u80fd\u95f2\u7f6e\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u4ea7\u4e1a\u5bcc\u4f59\u7a7a\u95f4<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u5de5\u5382\u5f00\u5de5\u4e0d\u8db3\uff0c\u5de5\u4e1a\u54c1\u6301\u7eed\u964d\u4ef7\u901a\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aIndustrial slack keeps factory prices in deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5de5\u4e1a\u95f2\u7f6e\u8ba9\u51fa\u5382\u7269\u4ef7\u6301\u7eed\u901a\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">785.&nbsp;lasting downturn \/\u02c8l\u0251\u02d0st\u026a\u014b \u02c8da\u028ant\u025c\u02d0n\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u957f\u671f\u7ecf\u6d4e\u4e0b\u884c\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u6301\u4e45\u56de\u843d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u589e\u957f\u6301\u7eed\u8d70\u4f4e\uff0c\u4f34\u968f\u591a\u5e74\u7269\u4ef7\u901a\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aLasting downturn forms chronic structural deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u957f\u671f\u4e0b\u884c\u5f62\u6210\u6162\u6027\u7ed3\u6784\u6027\u901a\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">786.&nbsp;structural slack \/\u02c8str\u028ckt\u0283\u0259rl sl\u00e6k\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u7ed3\u6784\u6027\u9700\u6c42\u75b2\u8f6f\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u7ed3\u6784\u677e\u5f1b<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u90e8\u5206\u884c\u4e1a\u4f4e\u8ff7\uff0c\u5e26\u52a8\u5168\u57df\u7269\u4ef7\u901a\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aStructural slack evolves into comprehensive deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u7ed3\u6784\u6027\u75b2\u8f6f\u6f14\u53d8\u4e3a\u5168\u9762\u901a\u8d27\u7d27\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">787.&nbsp;wage cutback \/we\u026ad\u0292 \u02c8k\u028ctb\u00e6k\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u85aa\u8d44\u524a\u51cf\u4e0b\u8c03\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u964d\u85aa\u7f29\u51cf<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u4f01\u4e1a\u964d\u85aa\u4fdd\u751f\u5b58\uff0c\u5c45\u6c11\u6536\u5165\u66f4\u4f4e\u52a0\u5267\u901a\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aMass wage cutback further suppresses social consumption.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5927\u8303\u56f4\u964d\u85aa\u8fdb\u4e00\u6b65\u538b\u5236\u793e\u4f1a\u6d88\u8d39\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">788.&nbsp;investment stagnation \/\u026an\u02c8vestm\u0259nt st\u00e6\u0261\u02c8ne\u026a\u0283n\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u6295\u8d44\u505c\u6ede\u4e0d\u524d\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u8d44\u672c\u505c\u6ede<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u4f01\u4e1a\u4e0d\u6562\u6269\u4ea7\uff0c\u9700\u6c42\u6301\u7eed\u8d70\u5f31\u901a\u7f29\u52a0\u6df1<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aInvestment stagnation prolongs severe deflation crisis.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u6295\u8d44\u505c\u6ede\u62c9\u957f\u4e25\u5cfb\u901a\u7f29\u5371\u673a\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">789.&nbsp;price bottoming \/pra\u026as \u02c8b\u0252t\u0259m\u026a\u014b\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u7269\u4ef7\u4f4e\u4f4d\u7b51\u5e95\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u63a2\u5e95\u4f01\u7a33<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u901a\u7f29\u7269\u4ef7\u957f\u671f\u4f4e\u4f4d\uff0c\u53cd\u5f39\u4e4f\u529b<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aLong price bottoming shows weak recovery of deflation market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u957f\u671f\u7b51\u5e95\u4f53\u73b0\u901a\u7f29\u5e02\u573a\u590d\u82cf\u4e4f\u529b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">790.&nbsp;fragile recovery \/\u02c8fr\u00e6d\u0292\u026al r\u026a\u02c8k\u028cv\u0259ri\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u8106\u5f31\u7ecf\u6d4e\u590d\u82cf\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u5fae\u5f31\u56de\u6696<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u56de\u6696\u65e0\u529b\uff0c\u7269\u4ef7\u4f9d\u65e7\u5f98\u5f8a\u901a\u7f29\u533a\u95f4<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aFragile recovery fails to end persistent deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u8106\u5f31\u590d\u82cf\u65e0\u6cd5\u7ec8\u7ed3\u6301\u7eed\u901a\u8d27\u7d27\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">791.&nbsp;cumulative decline \/\u02c8kju\u02d0mj\u0259l\u0259t\u026av d\u026a\u02c8kla\u026an\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u7d2f\u8ba1\u7269\u4ef7\u4e0b\u8dcc\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u6301\u7eed\u7d2f\u79ef\u964d\u5e45<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u591a\u6708\u7269\u4ef7\u7d2f\u8ba1\u4e0b\u8dcc\uff0c\u6df1\u5ea6\u901a\u7f29\u4fe1\u53f7<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aLarge cumulative decline confirms serious deflation pressure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5927\u5e45\u7d2f\u8ba1\u4e0b\u8dcc\u5370\u8bc1\u4e25\u5cfb\u901a\u7f29\u538b\u529b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">792.&nbsp;passive expectation \/\u02c8p\u00e6s\u026av \u02ccekspek\u02c8te\u026a\u0283n\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u88ab\u52a8\u901a\u7f29\u9884\u671f\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u6d88\u6781\u89c2\u671b\u5fc3\u6001<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u88ab\u52a8\u63a5\u53d7\u964d\u4ef7\uff0c\u4e0d\u6d88\u8d39\u4e0d\u6295\u8d44\u52a0\u91cd\u901a\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aPassive expectation maintains rigid deflation status.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u88ab\u52a8\u9884\u671f\u7ef4\u6301\u521a\u6027\u901a\u7f29\u5c40\u9762\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">793.&nbsp;stock liquidation \/st\u0252k \u02ccl\u026akw\u026a\u02c8de\u026a\u0283n\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5e93\u5b58\u964d\u4ef7\u6e05\u4ed3\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u5b58\u8d27\u629b\u552e<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u4e8f\u672c\u6e05\u5e93\u5b58\uff0c\u5927\u5e45\u62c9\u4f4e\u6574\u4f53\u7269\u4ef7\u901a\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aStock liquidation pushes prices deeper into deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5e93\u5b58\u6e05\u4ed3\u8ba9\u7269\u4ef7\u6df1\u9677\u901a\u8d27\u7d27\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">794.&nbsp;economic chill \/\u02cci\u02d0k\u0259\u02c8n\u0252m\u026ak t\u0283\u026al\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u5b8f\u89c2\u7ecf\u6d4e\u9047\u51b7\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u6574\u4f53\u964d\u6e29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u5b8f\u89c2\u5168\u9762\u75b2\u8f6f\uff0c\u5168\u793e\u4f1a\u7269\u4ef7\u901a\u7f29\u4e0b\u884c<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aNational economic chill triggers systematic deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5b8f\u89c2\u9047\u51b7\u5f15\u53d1\u7cfb\u7edf\u6027\u901a\u8d27\u7d27\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">795.&nbsp;low inflation trap \/l\u0259\u028a \u026an\u02c8fle\u026a\u0283n tr\u00e6p\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u4f4e\u901a\u80c0\u9677\u9631\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u4f4e\u4ef7\u56f0\u5c40<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u957f\u671f\u4f4e\u7269\u4ef7\uff0c\u96be\u4ee5\u8d70\u51fa\u901a\u7f29\u6076\u6027\u5faa\u73af<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aLow inflation trap traps economy in long downturn.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u4f4e\u901a\u80c0\u9677\u9631\u8ba9\u7ecf\u6d4e\u957f\u671f\u4f4e\u8ff7\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">796.&nbsp;demand collapse \/d\u026a\u02c8m\u0251\u02d0nd k\u0259\u02c8l\u00e6ps\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u6d88\u8d39\u9700\u6c42\u5d29\u584c\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u9700\u6c42\u66b4\u8dcc<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u6d88\u8d39\u65ad\u5d16\u4e0b\u6ed1\uff0c\u7206\u53d1\u6076\u6027\u901a\u8d27\u7d27\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aDemand collapse causes catastrophic price deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u9700\u6c42\u5d29\u584c\u5f15\u53d1\u707e\u96be\u6027\u7269\u4ef7\u901a\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">797.&nbsp;cost reduction cycle \/k\u0252st r\u026a\u02c8d\u028ck\u0283n \u02c8sa\u026akl\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u6210\u672c\u964d\u4ef7\u5faa\u73af\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u964d\u4ef7\u5468\u671f<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u7269\u4ef7\u8dcc\u2192\u964d\u6210\u672c\u2192\u518d\u964d\u4ef7\uff0c\u901a\u7f29\u95ed\u73af<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aCost reduction cycle strengthens vicious deflation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u964d\u4ef7\u5faa\u73af\u5f3a\u5316\u6076\u6027\u901a\u8d27\u7d27\u7f29\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">798.&nbsp;weak pricing power \/wi\u02d0k \u02c8pra\u026as\u026a\u014b \u02c8pa\u028a\u0259\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u4f01\u4e1a\u5b9a\u4ef7\u5f31\u52bf\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u6da8\u4ef7\u80fd\u529b\u5f31<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u4f01\u4e1a\u4e0d\u6562\u6da8\u4ef7\uff0c\u7269\u4ef7\u957f\u671f\u4f4e\u4f4d\u901a\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aWeak pricing power keeps prices staying low for years.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u5b9a\u4ef7\u5f31\u52bf\u8ba9\u7269\u4ef7\u5e38\u5e74\u4f4e\u4f4d\u8fd0\u884c\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">799.&nbsp;prolonged deflation \/pr\u0259\u02c8l\u0252\u014bd d\u026a\u02c8fle\u026a\u0283n\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u957f\u671f\u8fc1\u5ef6\u901a\u7f29\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u6301\u4e45\u7d27\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u6570\u5e74\u7269\u4ef7\u4f4e\u8ff7\uff0c\u7ed3\u6784\u6027\u987d\u56fa\u901a\u7f29<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aProlonged deflation damages national economic vitality.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u957f\u671f\u901a\u7f29\u635f\u5bb3\u56fd\u6c11\u7ecf\u6d4e\u6d3b\u529b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">800.&nbsp;price stagnancy \/pra\u026as \u02c8st\u00e6\u0261n\u0259nsi\/<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3010\u7269\u4ef7\u505c\u6ede\u4f4e\u8ff7\u3011<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bcd\u6027\uff1a\u540d\u8bcd\uff08n.\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e38\u89c4\u672c\u610f\uff1a\u4ef7\u683c\u505c\u6ede<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u719f\u8bcd\u50fb\u4e49\uff1a\u7269\u4ef7\u4e0d\u6da8\u4e0d\u5347\uff0c\u957f\u671f\u6a2a\u76d8\u901a\u7f29\u72b6\u6001<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u771f\u9898\u4f8b\u53e5\uff1aPrice stagnancy reflects weak overall economic recovery.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bd1\u6587\uff1a\u7269\u4ef7\u505c\u6ede\u4f53\u73b0\u6574\u4f53\u7ecf\u6d4e\u590d\u82cf\u75b2\u8f6f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bf7\u70b9\u51fb\u8fd4\u56de\u9996\u9875<a href=\"https:\/\/openhub365.cn\/index.php\/2026\/07\/09\/%e8%80%83%e7%a0%94%e8%8b%b1%e8%af%ad%ef%bc%9a%e7%bb%8f%e6%b5%8e%e5%95%86%e4%b8%9a%e8%b4%a2%e7%bb%8f%e7%b1%bb%e8%af%8d%e6%b1%87%e7%9b%ae%e5%bd%95\/\" data-type=\"post\" data-id=\"26070\">\u8003\u7814\u82f1\u8bed\uff1a\u7ecf\u6d4e\u5546\u4e1a\u8d22\u7ecf\u7c7b\u8bcd\u6c47\u76ee\u5f55<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u4e86\u89e3\u66f4\u591a\u96c5\u601d\uff1a\u81ea\u7136\u8d44\u6e90\u4e0e\u65b0\u80fd\u6e90&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[512],"tags":[],"class_list":["post-25949","post","type-post","status-publish","format-standard","hentry","category-512"],"_links":{"self":[{"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/posts\/25949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/comments?post=25949"}],"version-history":[{"count":0,"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/posts\/25949\/revisions"}],"wp:attachment":[{"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/media?parent=25949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/categories?post=25949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/openhub365.cn\/index.php\/wp-json\/wp\/v2\/tags?post=25949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}