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The Week Ahead – Euro, Australia and Tokyo CPI, China PMIs, Bank of Thailand and US PCE Inflation

Nomura – The Week Ahead

CHAPTER

Japan's CPI and Retail Sales Data for February

Japan's inflation is still below 2% so at this moment we don't think that there is long lasting price momentum that could make the BOJ to be worried about inflation pressure growing in Japan. We expect China's PMIs and the Bank of Thailand meeting for China as the post-COVID recovery continues. The RBA has flagged that these two data will be the key data decided whether to hike or pause at its next port meeting on 4th of April.

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