The inflation data released this week show that underlying inflation remains stubbornly high. However, with wages still not rising fast enough for the Bank of Japan's liking and the momentum of consumer price gains moderating again, we doubt that the Bank will become convinced that inflation will still be above-target two years ahead.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services