10 月CS 商贸零售行业下跌1.81%，较上年同期跌幅扩大0.84pct，跑输大盘4.16pct。行业市场表现继续弱于去年同期，在中信30 个行业排名第19，较上月继续回升。

1. 行业市场表现回顾 ................................................................................................................................................ 5

1.1 一级行业概况 ............................................................................................................................................................. 5

1.2 细分行业市场表现 ..................................................................................................................................................... 5

1.3 个股表现 ..................................................................................................................................................................... 6

1.4 行业估值情况 ............................................................................................................................................................. 7

2. 行业数据跟踪 .................................................................................................................................................... 8

2.1 居民消费价格指数（CPI） ....................................................................................................................................... 8

2.2 社会消费品零售数据 ................................................................................................................................................. 9

2.3 全国大中型零售企业销售额数据 ........................................................................................................................... 11

2.4 双十一全网销售数据 ............................................................................................................................................... 12

3.行业动态新闻 .......................................................................................................................................................... 14

4.投资建议 ............................................................................................................................................................... 15

5.风险提示 ....................................................................................................................................................... 17