• Japan's Inflation Remains Stubbornly High, Thanks to Sticky Core and Food Prices

China New Home Prices Stage Largest Decline Since End 2022

Soft Demand and Food Price Declines Drag Down China's Headline Consumer Prices
Producer prices rise m/m, led by stabilising consumer goods prices

Chinese Exports Decline, Hit by Waning Demand in Most Key Markets

The Services Sector Recoveries in China and Japan are Gradually Flagging
Caixin services PMI held up in July, but the downward trend is likely to resume 

Manufacturing Remains Soft Across Northeast Asia, as Korean Exports Fall
July Caixin PMI concurs with official PMI in indicating a fall in Chinese manufacturing activity
Japanese manufacturing activity continues to fall  
Korean PMI offers a probably deceptive glimmer of hope in new export orders
Korean exports extend their trend decline in July, facing weakness in all key markets 

Export demand is a drag on flagging manufacturing activity
The non-manufacturing recovery is fizzling, with construction PMI at its lowest since February 2020 

The BoJ Makes Surprise Tweak to the YCC,
Tokyo Inflation Remains Stubbornly Elevated

Japanese manufacturing activity weakens in flash PMI reading
Japanese services continue to expand, as cost pressures worsen

Stubbornly Elevated Inflation is Unlikely to Budge the BoJ
Korea exports extend a hefty decline