6月消费增速回落至4.8%，统计局：下半年政策还会继续加力

Group 1 - The core viewpoint of the articles indicates a marginal decline in consumer spending following the Dragon Boat Festival, leading to a slowdown in consumption growth momentum [1] - In June, the total retail sales of consumer goods increased by 4.8% year-on-year, a decrease of 1.6 percentage points compared to the first five months of the year [1] - The retail sales of goods in June reached 37,580 billion yuan, with a year-on-year growth of 5.3%, while catering revenue was 4,708 billion yuan, growing by only 0.9% [1] Group 2 - The chief economist of Caixin Financial Holdings, Wu Chaoming, believes that macro policies will enhance government support for consumption, which will be crucial for improving retail sales [3] - Despite the positive outlook, external adverse influences remain significant, and the recovery of private investment and consumer confidence may take time [3] - Economic expert Xu Tianchen anticipates a potential rebound in consumption growth after the temporary decline in June [3] Group 3 - The issuance of ultra-long special government bonds in July is expected to provide funding for consumer subsidies, supporting retail in subsidized categories [4] - The Politburo meeting held at the end of April emphasized the importance of service consumption, with expectations for related policies to be introduced [4]