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11th Mar 2025 09:44China+Daily Monitor

  • Japan’s Q4 growth was lifted by net exports, while domestic demand was insipid.
  • People are curbing discretionary spending in the face of red-hot food inflation and weak real wage growth.
  • Headline GDP growth should fall in Q1 as exports slow, despite robust inbound Chinese tourism.

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Keywords for: 13 March 2025 China+ Monitor

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