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Editor's Note: Below is a brief excerpt and chart from today's Early Look written by Hedgeye Senior Macro analyst Darius Dale. Click here to learn more.

"... As the Chart of the Day below details, EVERY key category of Japanese high-frequency growth and inflation data is slowing on a trending basis, with every growth metric experiencing some form of contraction and headline CPI and PPI in deflation territory as well."

CHART OF THE DAY | Japan: "Every Key Growth & Inflation Measure Is Slowing" - 06 28 16 Chart of the Day