招财日报2025.2.10 中、美经济/中国医药、可选消费行业/亚马逊公司点评

招银国际
10 Feb

宏观经济中国经济 -温和再通胀受春节假期食品和服务消费上升影响,1月CPI同比回升。食品价格小幅回升,机票、旅游和电影票等服务价格上涨,核心CPI增速延续回升。但因国内房地产投资活动和全球制造业活动依然疲软,煤炭、钢铁等商品价格延续下跌,拖累 PPI 环比进一步下跌。中国2025年可能出现温和再通胀,预计CPI和PPI增速将从2024年的0.2%和-2.2%升至2025年的0.6%和-0.3%。...

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