Pantheon Macroeconomics

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19th May 2023 15:06China+, Weekly Monitor

  • Japanese inflation rose in April, mainly due to food price hikes, while energy prices fell.
  • The inflationary effect of previous import cost rises is likely to run its course only gradually.
  • BoJ governor Ueda is more worried about undershooting the price target than overshooting it.

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Keywords for: 23 May 2023 China+ Monitor

energy, energy prices, May, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence