Pantheon Macroeconomics - Japanese services price inflation edged down in May as the twin upside drivers of commodity price inflation and yen weakness began to lose steam. We expect wage costs to begin edging up in the second half but this will provide only a partial counterbalance.

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27 June 2017 Japanese Inflation to Hold up as Food Prices Counterbalance Energy

By Freya Beamish

Japanese services price inflation edged down in May as the twin upside drivers of commodity price inflation and yen weakness began to lose steam. We expect wage costs to begin edging up in the second half but this will provide only a partial counterbalance.

Posted: 26th Jun 2017 in 'Asia Documents'

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