国君宏观董琦团队表示，对于CPI而言，猪价和油价仍是主要拖累，服务消费量稳价跌，6月服务业销售价格PMI在荣枯线以下继续下探（47.2%），居民净储蓄依然制约核心CPI的回升。预计6月CPI同比降至-0.1%，环比降0.1%。

xinpianxingyeshizhongmeizhijianriyijinzhangguanxidejiaodianzhiyi，baodaotidao，meiguozhengfuzhengposhiqiyeshoujinduihuachukouxianzhi，liyoushilaotiaozhongdande“guojiaanquan”yishuo，“qizhongyiweigaoguanfanduimuqianxianzhiduihuachukourengongzhinengyingjiandeguiding，zhirengaizhengcebingmeiyoudadaojianhuanzhongguorengongzhinengfazhandeyuqixiaoguo”。芯(xin)片(pian)行(xing)业(ye)是(shi)中(zhong)美(mei)之(zhi)间(jian)日(ri)益(yi)紧(jin)张(zhang)关(guan)系(xi)的(de)焦(jiao)点(dian)之(zhi)一(yi)，(，)报(bao)道(dao)提(ti)到(dao)，(，)美(mei)国(guo)政(zheng)府(fu)正(zheng)迫(po)使(shi)企(qi)业(ye)收(shou)紧(jin)对(dui)华(hua)出(chu)口(kou)限(xian)制(zhi)，(，)理(li)由(you)是(shi)老(lao)调(tiao)重(zhong)弹(dan)的(de)“(“)国(guo)家(jia)安(an)全(quan)”(”)一(yi)说(shuo)，(，)“(“)其(qi)中(zhong)一(yi)位(wei)高(gao)管(guan)反(fan)对(dui)目(mu)前(qian)限(xian)制(zhi)对(dui)华(hua)出(chu)口(kou)人(ren)工(gong)智(zhi)能(neng)硬(ying)件(jian)的(de)规(gui)定(ding)，(，)指(zhi)认(ren)该(gai)政(zheng)策(ce)并(bing)没(mei)有(you)达(da)到(dao)减(jian)缓(huan)中(zhong)国(guo)人(ren)工(gong)智(zhi)能(neng)发(fa)展(zhan)的(de)预(yu)期(qi)效(xiao)果(guo)”(”)。(。)