Pantheon Macroeconomics

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5th May 2023 14:59China+, Daily Monitor

  • The final April PMI shows Japan’s services sector is is humming along nicely...
  • ...But it is narrowly based on booming tourism, as Japan lifts the last Covid restrictions on visitors.
  • The BoJ probably will hold fire until signs of a broader, sustained economic recovery appear.

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Keywords for: 9 May 2023 China+ Monitor

April, April pmi, boj, japan, May, pmi, services sector, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence