11 November 2025 China+ Monitor China's CPI turns positive on festive boost, and producer deflation eases

• Festive demand lift ed consumers out of deflation, but it won’t stick without stronger underlying demand.
• PPI deflation moderated, but deeper manufacturing deflation shows China is not fully out of the woods.
• The inflation trajectory hinges on the economic recovery, stimulus strength and anti-involution progress.

CHINA+ DATA WRAP 6 November 2025: Japan's full-time wage growth slows

Full-time regular pay growth slowed a tad
Real wages extended their decline in September

CHINA+ DATA WRAP 5 November 2025: RatingDog PMI points to efficiency gains

Efficiency gains help profits but hurt labour demand

6 November 2025 China+ Monitor China's falling saving rate not enough to revamp growth model

• China’s household saving rate has fallen, implying greater readiness for consumption spending...
• ...But not by enough to make up for the slump in residential sales since 2019; no wonder demand is soft.
• The October RatingDog services PMI reports efficiency gains; good for profits, but bad for jobs short term.

4 November 2025 China+ Monitor Xi-Trump meet-up: temporary trade truce tilted in China's favour

• The Xi–Trump meeting in Korea marked a watershed shift in negotiating power between the US and China.
• The RatingDog manufacturing PMI eased, similar to the NBS, on weak demand both at home and abroad.
• China is betting on powering growth by both expanding consumption and maintaining its export prowess.

CHINA+ DATA WRAP 31 October 2025: Modest rise in inflation won't shock BoJ

Investment stimulus should lift China's manufacturing index from October's trough
Tokyo inflation bump driven by local water subsidy expiry

China+ Datanote: BoJ Decision, Japan, October

In one line: BoJ stands pat amid trade uncertainty and wage caution as Takaichi takes helm

China+ Datanote: BoK Decision, Korea, October

In one line: Bank of Korea hold rates in October as Seoul housing surges