Japan underlying inflation measures slowed in March - BOJ

  • That's not too convincing of any further imminent rate hikes

According to the latest core inflation measures from the BOJ, price pressures have slowed further in March. The trimmed mean reading fell to 2.2% from 2.3% in February. Meanwhile, the weighted median reading fell to 1.3% from 1.4% in February. Here's the graph depicting the trend:

BOJCPI

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