National CPI data from Japan for the month of September
National CPI 0.2% y/y
- expected 0.2%, prior was 0.3%
National CPI excluding Fresh Food 0.3% y/y
- expected 0.3%, prior was 0.5%
National CPI excluding Food, Energy 0.5% y/y … this the one closest to the US measure of core inflation and the one to watch.
- expected 0.5%, prior was 0.5%
Sheesh …. that headline! And the 'one to watch' is way below target also. The Bank of Japan have been dropping hints they'll soon do more. But when, chaps?
