物价数据释放积极信号，食品饮料板块迎景气复苏东风

Core Insights - The latest data from the National Bureau of Statistics shows that the Consumer Price Index (CPI) increased by 0.2% both month-on-month and year-on-year in October, with the core CPI rising by 1.2%, marking a continuous expansion in growth for six months [1] - The Producer Price Index (PPI) has seen a narrowing year-on-year decline to 2.1%, indicating a clear trend of price stabilization and recovery [1] - Experts predict that the CPI will maintain a moderate increase in the upcoming quarter, with a more significant rebound in the core CPI, suggesting a favorable environment for the food and beverage sector [1] Industry Analysis - The food and beverage industry, as a core sector of essential consumption, is expected to benefit from the recovery in prices, leading to gradual improvement in end-user demand [1] - Since August, the CPI has rebounded from a year-on-year decline of 0.4% to positive growth, indicating sustained momentum in macroeconomic recovery that is increasingly penetrating the consumption sector [1] - This recovery provides solid support for the performance restoration of food and beverage companies, highlighting the ongoing investment value of the sector [1] Related ETFs - Food and Beverage ETF (515170) [1] - Consumer 30 ETF (510630) [1]