QTC: Japan – consumption still weak
The BOJ's monthly estimate shows consumption a bit higher in Q2 compared to Q1. But that doesn't change the big picture: consumption is still 4% below the pre-covid peak.
![QTC: Japan – consumption still weak](/content/images/size/w2000/2024/06/Japan--BOJ-consumer-activity-index-and-GDP--2019-100.png)
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