29 August 2023 China+ Monitor Tokyo CPI slows in August, as energy prices fall at a faster pace
24th Aug 2023 20:23China+, Weekly Monitor
- Japan’s Tokyo CPI decelerated more than markets expected, on a steeper fall in energy prices.
- Core and food inflation are likely to peak soon as import cost-push inflation from a weaker yen fades.
- The BoJ is unlikely to be swayed by sticky core inflation and will maintain its policy settings in H2.
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