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21st Nov 2024 18:59China+Weekly Monitor

  • Japan’s October headline CPI inflation fell only because energy subsidies pulled down energy prices.
  • Core inflation excluding energy has been steady for three straight months.
  • Don’t expect a knee-jerk BoJ reaction after the end of energy subsidies lifts November’s headline inflation.

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Keywords for: 25 November 2024 China+ Monitor

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