摩根士丹利：中国经济-1 月至 2 月期间，再通胀动力有所放缓
摩根·2025-03-13 02:33
March 9, 2025 08:08 PM GMT Outlook: The 1Q25 GDP deflator appears likely stuck at -0.8%Y (vs. -0.7%Y in 4Q24). We maintain our view that reflation could be a bumpy and drawn-out process, as sustained reflation requires continued narrowing in the negative output gap, which could be difficult in view of tariff impact and a modest fiscal package. | M Reflation Momentum Eased in Jan-Feb | Zhipeng Cai Zhipeng.Cai@morganstanley.com Harry.Zhao@morganstanley.com | +852 2239-7820 +852 2239-7229 | | --- | --- | --- | ...