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26th Nov 2021 10:57China+, Economic Monitor

  • Headline inflation in Japan is on the rise,though still driven by transitory factors.
  • Underlying inflationary pressures remain weak, but should get a brief boost from fiscal policy soon.
  • The newest Covid variant generates a huge amount of uncertainty, and carries large downside risks.

banks boj central banks consumption core cpi cpi inflation demand domestic consumption easing energy fiscal policy food fresh food global global oil prices inflation it japan market oil oil prices pm policy prices remain tokyo transport yen

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