-- 加拿大帝国商业银行(CIBC)在周四公布国内生产总值(GDP)数据后表示,加拿大经济增长似乎在第一季度“重燃”,但“尚未完全恢复”。 该行指出,2月份的月度GDP数据显示环比增长0.2%,与市场普遍预期和初步估计值相符。 CIBC指出,制造业是经济增长的最大贡献者,这主要得益于汽车行业在1月份萎缩后出现的反弹。汽车行业供应瓶颈的缓解也推动了批发业的增长。然而,除上述行业外,其他行业的趋势“明显更加复杂”,3月份的初步估计值显示该月GDP将持平。 CIBC表示,就第一季度整体而言,周四公布的初步估计值显示年化增长率为1.7%,与加拿大央行货币政策报告预测的1.5%非常接近。然而,报告补充道,3月份经济增长势头再次放缓,加上周四公布的就业、工资和工时调查(SEPH)数据显示2月份就业人数下降(-60,000),可能预示着第二季度经济前景堪忧。 不过,加拿大帝国商业银行(CIBC)认为,总体而言,石油市场的走势以及通胀压力是否蔓延至核心指标的任何迹象,仍将是决定加拿大央行今年是否需要加息的关键因素。 CIBC仍然认为,即使能源价格上涨的影响在某些领域显现,加拿大经济仍有足够的闲置产能来维持核心通胀指标的温和水平,这将使加拿大央行能够在2026年之前维持利率不变。
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