In June, Japan's core consumer price index rose by 3.3% YoY, meeting economist expectations. It's the 15th consecutive month with inflation above the Bank of Japan's 2% target. BOJ Governor Kazuo Ueda hinted at continuing ultra-loose monetary policy due to the distance from reaching the inflation goal.
UK retail sales surged 0.7% in June 2023, surpassing expectations of 0.2%. It marks the third consecutive month of growth, fueled by summer sales, good weather, and a rise in various sectors like food, non-food, and non-store retailing.
UK retail sales surged 0.7% in June 2023, surpassing expectations of 0.2%. It marks the third consecutive month of growth, fueled by summer sales, good weather, and a rise in various sectors like food, non-food, and non-store retailing.
