More bad news for the BOJ? Japan inflation seen peaking soon

Bloomberg have complied CPI projections for Japan

  • the median expectation has inflation to peak around 0.8 percent in Q4 2017
  • energy prices expected to be flat
  • Barclays predicts the consumer price gauge will peak after increasing to 0.8 percent in September
  • Citigroup expects it will stay at 0.7 percent from September to November and then start "renewed moderation."

More here at the Bloomberg piece

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There will be no backing off from Bank of Japan policy accommodation. Not for a good long while. A negative input for the yen.

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