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5th Feb 2024 10:24China+, Daily Monitor

  • China’s January Caixin services PMI fell short of market expectations and signalled slower growth.
  • Output prices fell for the first time in 21 months; firms are facing more market competition.
  • Japan’s service industry is expanding faster than expected, but growth is largely based on tourism.

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Keywords for: 6 February 2024 China+ Monitor

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