📊 Japan's output gap turned positive for the first time in 1.5 years

After 30+ years of deflation, all 4 official exit conditions are now met

Shunto wages up 5.32%, highest since '91. Is Japan escaping the Lost Decades?

#JapanEconomy #Deflation #OutputGap #Shunto #BOJ

2 Desjardins: Policymakers will generally look through an #oilpriceshock unless #inflationexpectations become unanchored, underlying #inflation reaccelerates or the #outputgap closes meaningfully. 🧵
#BOC #cdnecon

Why Doesn’t India’s Red-Hot Manufacturing Reflect in Industrial Output? India’s manufacturing PMI is soaring, suggesting robust industrial momentum — but official factory output data tell a more subdued story. What explains this disconnect?

India’s manufacturing PMI hit a 17-year high in July. But factory output? Just 1.2%.

Why the disconnect? Sentiment vs reality. Read the story of two indicators, different stories. 👇

#PMI #IIP #Manufacturing #OutputGap #IndiaEconomy #FactoryPulse #DataDisconnect