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24th Jun 2022 00:00China+, Daily Monitor

Japanese manufacturing slowed further in June, likely reflecting weakening global demand.

The service sector extended its recovery from the Omicron-induced lows, but will peak soon.

Price pressures rose further, but the labour market still looks soft, so no change likely from the BoJ.

boj bond issuance employment energy external demand government July June June pmis labour labour market local governments manufacturing manufacturing pmi March May monetary policy pmi pmi surveys pmis policy real wage service sector services pmi surveys yen

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Keywords for: Japan's Domestic Recovery Starts to Lose Momentum

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