UBS On-Air: Paul Donovan Daily Audio 'Inflation details matter'

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Recorded27 Feb 2024

Publishersecure.ubs.com

Handlerec:4544214

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Japan’s January consumer price inflation data slowed, but the slowdown was less marked in services. This was because of foreign holiday prices—Japanese consumers are following the developed economy trend of prioritizing fun. The drivers of inflation numbers are relatively few, making a sudden rate increase by the Bank of Japan unlikely, but the modest nature of the inflation slowdown keeps alive prospects for a later rate increase.

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