Japan April inflation data:
Headline CPI (Y/Y) 1.4%
expected 1.6%, prior 1.5%
CPI Excluding Fresh Food (core CPI) 1.4%, slowest since March 2022
expected 1.7%, prior 1.8%
CPI Excluding Fresh Food, Energy (core-core CPI) (Y/Y) 1.9%, slowest since July 2024
expected 2.2%, prior 2.4%
I’ll have more to come on this separately, details and implications etc. The TL;DR is going to be this is not going to prompt BoJ rate rise urgency.
This article was written by Eamonn Sheridan at investinglive.com.