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24th Jul 2025 17:52China+Weekly Monitor

  • Tokyo headline inflation declined in July, due to energy subsidies for households.
  • But the BoJ will focus on the upward creep in food inflation, despite rice inflation slowing in some data.
  • The Bank is likely to take a somewhat rosier view of growth prospects at this Thursday’s meeting.

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Keywords for: 28 July 2025 China+ Monitor

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