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25th Jan 2024 19:28China+, Weekly Monitor

  • Tokyo CPI declined sharply to a 22-month low in January, driven by softer food and services inflation.
  • Core inflation excluding fresh food and energy fell to an elevated 3.1%; signs of sustainable price growth.
  • The BoJ is likely to end negative interest rates in April, even if the fundamentals are not ready.

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Keywords for: 29 January 2024 China+ Monitor

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