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Country Focus

Japan CPI Undershoots But Pressures Build

by Felix-Antoine Vezina-Poirier, Chief Strategist  

Japanese February inflation came in cooler than expected, but leading indicators still point to higher inflation ahead. Headline inflation ticked down to 1.3% y/y from 1.5%. Core measures also missed estimates, with ex. fresh food falling to 1.6% from 2.0%,…

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