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ANZ on another potential tailwind for the yen - Has the Japan Import Price Index turned?

ANZ on another potential tailwind for the yen - Has the Japan Import Price Index turned?

ANZ research in Australia have provided this grapoh of Japan's import price index:

Comments:

  • Has the Japan Import Price Index turned for good?
  • With commodity prices falling, the Import Price Index may have peaked.
  • A bigger concern for BOJ is now wage inflation as highlighted in its Summary of Opinions

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Rising import prices have been a factor weighing on the yen. If they've turned lower it'll be a positive for the yen.

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Posted: Jan 4 2023, 02:08
Author Name: forexlive
Views: 110813

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