Japan inflation data, National CPI for October 1.4% y/y (expected 1.4%)

I posted earlier on Goldman Sachs comments on the Bank of Japan:

• Goldman Sachs on 4 factors behind market speculation of early BOJ policy change

If the BOJ are waiting until their preferred measure of inflation (see below) hits 2% they'll be easy for quite some to come

The headline result is 1.4% y/y

• expected 1.4% y/y, prior 1.2%

Excluding fresh food 1.0% y/y

• expected 1.0% y/y, prior 1.0%

Excluding fresh food and energy 0.4% y/y

• expected 0.4%, prior 0.4% (this is the one the BOJ is watching)

Little response from the yen, as is usual after Japanese data relases.