美国消费物价指数的读数显示出61年来从来未见过的下降；生产者价格指数数据也显示较强的下降趋势。
US Consumer Price Index readings indicate a drop in pricing that has not been seen for 61 years and Producer Price Index readings also indicate a strong trend downward.
本文测算了我国菲利普斯曲线的动态变化，得出了产出缺口的变动对物价的影响基本呈现稳定的下降趋势的结论，即菲利普斯曲线逐渐变得平缓。
The paper calculates the dynamic philips curve and argues that the effect of the output gap on price tends to decline, i. e. , the slope of philips curve is becoming smaller.
本文测算了我国菲利普斯曲线的动态变化，得出了产出缺口的变动对物价的影响基本呈现稳定的下降趋势的结论，即菲利普斯曲线逐渐变得平缓。
The paper calculates the dynamic philips curve and argues that the effect of the output gap on price tends to decline, i. e. , the slope of philips curve is becoming smaller.
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