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5th Oct 2023 18:14China+, Weekly Monitor

  • Japan’s August wage growth remained lackluster; a virtuous wage-price cycle is still out of reach.
  • Even tourism-related sectors are struggling to sustain strong wage growth.
  • China’s targeted stimulus is providing a lift to the construction sector, while services are reviving.

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Keywords for: 9 October 2023 China+ Monitor

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