28 May 2024 China+ Monitor Weak yen and higher import costs likely to lift Japan's inflation in H2
24th May 2024 12:58China+Weekly Monitor
- Japan’s consumer inflation continued to slow in April, with a notable cooling in food inflation.
- The phased removal of energy subsidies, then higher import costs, will lift inflation in the rest of the year.
- Japan is still far from seeing sustained inflation based on consumption growth; no rate hike until Q4.
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