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Country Focus

Japan: Strong Q4 GDP Points To Further BoJ Hikes

by Felix-Antoine Vezina-Poirier, Chief Strategist  

Preliminary estimates of Q4 real GDP growth in Japan was stronger than expected, rising to 2.8% q/q annualized from 1.7% in Q3. Domestic demand remained strong, and the GDP deflator increased to 2.8% y/y. Japan’s economy is running hot, sustaining price…

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