3月24日,穆迪分析的Stefan Angrick表示,日本2月份消费者通胀放缓幅度超过预期,但这种缓解之势不太可能持续。政府的支持是此次数据表现的一个关键因素,冷却了能源价格。多数类别的通胀也有所放缓,表明成本推动型压力已经缓解,但中东冲突构成了重大风险。油气价格飙升可能从3月份起推动能源价格跳涨,日元再度贬值是另一个令人担忧的问题。
Angrick说,不确定性将使日本央行暂时按兵不动,工资增长趋势也是如此。年度工资谈判预示着稳定的增长,但近期的经验表明,这已不再能转化为普遍的工资增长。Angrick仍然预计日本央行将在6月或7月加息,但通胀或日元的大幅波动可能会使加息提前。
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