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    2024-08-28

    [News] Japan’s SPPI Stays Strong in July, while Market Expects Further BOJ Rate Hike This Year

    Macroeconomics

    The Japan Services Producer Price Index (SPPI) growth rate keeps above 2%  in July, as reported on August 27. According to the Bank of Japan, the SPPI increased by 2.8% year-on-year in July, slightly lower than the 3.1% recorded in the previous month, but the overall upward trend remains unchanged....

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