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Region – cycle summary

Paul Cavey

Jul 9, 2023

A short video discussing our current views.

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Japan – services PPI inflation still over 3%

YoY services PPI in March continued to run at above 3%, led by price rises in more labour-intensive sectors. Sequential momentum has eased a bit in recent months, but should get another boost in April, as the latest annual wage round feeds into price rises at the beginning of the new fiscal year.

Apr 24, 2025 1 min read

Korea – business sentiment worsens again

Apr 24, 2025 2 min read

Japan – PMI surprisingly stable

As with the Reuters Tankan, the S&P manufacturing PMI didn't fall in April. The services PMI also rebounded, and the commentary shows no sign in the trend: "inflationary pressures strengthened, with input prices rising at the sharpest pace since February 2023 and output charges increasing solidly"

Apr 23, 2025 1 min read

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