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21st Feb 2024 19:01China+, Daily Monitor

  • The two Japanese flash PMIs point to a flagging recovery, despite long-term optimism.
  • A drop in service sector new export orders is a warning sign for the tourism sector.
  • January national CPI, due Monday, will likely be sub- 2%, adding to the case for the BoJ to delay a rate rise.

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Keywords for: 23 February 2024 China+ Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence