Japan – services PPI stronger
While not yet certain, it looks like the recent fall in services PPI might be bottoming. That is important for a BOJ that will want to sound more hawkish given rising $JPY.
![Japan – services PPI stronger](/content/images/size/w2000/2024/04/Japan--Cntrb-to-MoM-chg-in-core-services-PPI--ppts-4.png)
While not yet certain, it looks like the recent fall in services PPI might be bottoming. That is important for a BOJ that will want to sound more hawkish given rising $JPY.