Economic Buzz: Japan?s coincident index slips to 113.3, lowest since Feb 2024

Japan?s coincident economic index fell to 113.3 in July, the weakest in 17 months, signaling strains from persistent inflation and uncertainty over U.S. trade policy. Rising rice prices, despite increased imports, kept pressure on households. The Bank of Japan held rates steady at their highest since 2008 but lifted its FY2025 core inflation forecast to 2.7%, underscoring policy challenges as growth momentum softens.

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