家电行业2026年中期策略报告：结构性机会看高端制造、高性价比、高分红

⚫ ⚫ ⚫  ⚫ ⚫ ⚫ OECD消费者信心指数中国消费者信心指数美国消费者信心指数欧盟消费者信心指数日本消费者信心指数韩国消费者信心指数2026-0597.5544.80-18.2033.60106.102026-0497.8595.6049.80-19.9032.2099.202026-0398.2296.8053.30-15.9033.30107.002026-0298.5498.1056.60-12.2039.70112.102026-0198.6396.3056.40-12.5037.60110.802025-1298.5894.3052.90-13.1036.90109.802025-1198.5295.8051.00-12.9037.20112.302025-1098.5295.5053.60-12.7035.90109.602025-0998.5698.6055.10-13.6035.40110.002025-0898.6094.7058.20-14.2034.90111.202025-0798.6096.2061.70-13.7034.00110.702025-0698.4896.9060.70-14.0034.70108.602025-0598.2995.9052.20-13.7033.30101.702025-0498.2196.1052.20-15.2031.5093.602025-0398.3894.6057.00-13.4033.8093.202025-0298.6794.6064.70-12.6034.4095.002025-0198.9394.4071.70-12.5034.8091.002024-1299.0992.7074.00-12.4035.6087.902024-1199.1693.0071.80-11.8036.00100.602024-1099.1593.1070.50-11.0036.10101.602024-0999.0892.0070.10-11.4037.0099.802024-0899.0291.5067.90-11.7036.90100.602024-0798.9892.0066.40-11.4037.20103.702024-0699.0093.0068.20-12.1036.90100.702024-0599.0891.9069.10-12.5037.1098.202024-0499.2292.8077.20-12.6038.50100.602024-0399.2892.7079.40-13.0039.20100.502024-0299.2291.2076.90-13.9038.40101.702024-0199.0492.9079.00-14.3037.70101.502023-1298.7090.7069.70-13.9036.7099.702023-1198.3989.2061.30-15.7036.0097.102023-1098.2990.7063.80-16.7035.8098.002023-0998.3989.7067.80-16.8035.5099.802023-0898.5489.0069.40-15.1036.40103.202023-0798.6389.4071.50-14.4037.20103.502023-0698.5688.3064.20-15.4036.40100.802023-0598.3989.8059.00-16.5036.6097.902023-0498.2088.2063.70-16.0035.3094.902023-0397.9994.8062.00-18.2033.5091.702023-0297.8194.1066.90-18.1030.9089.802023-0197.5690.5064.90-19.6031.1090.40