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19th Jun 2025 13:04China+Weekly Monitor

  • Japan’s headline national consumer inflation inched down in May, with energy inflation cooling.
  • The new rice distribution system is star ting to yield results, but rice prices are still double the target range.
  • The BoJ is likely to sit tight on interest rates this year, given the impact of higher US tariffs.

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Keywords for: 23 June 2025 China+ Monitor

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