UBS On-Air: Market Moves
UBS On-Air: Paul Donovan Daily Audio 'Disinflation (not in the US)'
27 Jun 2025
Description
Japan exhibited some disinflation with the June Tokyo consumer price data. Using the international definition of core inflation, the rate slowed to 1.8% y/y. A lot of the headline inflation seems to be driven by non-fresh food, perhaps suggesting relative price shifts rather than strong, broad inflation momentum.
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