Pantheon Macroeconomics

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18th May 2023 15:03China+, Daily Monitor

  • Japan returned to growth in Q1, thanks to stronger consumption and business investment...
  • ...But falling real household wages and elevated food inflation are headwinds for consumption...
  • Export growth slowed in April and is likely to weaken further in H2, as global demand fades.

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Keywords for: 19 May 2023 China+ Monitor

food inflation, May, wages, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence