Japanese inflation data is due imminently - consensus expectation is for a higher CPI

  • Japanese July CPI data is due at 2330 GMT, which is 1930 US Eastern time

In brief:

  • Expectations from the survey are that core CPI is forecast to rise 2.7% y/y in July vs 2.6% in June
  • This would register inflation above the BOJ 2% target for the 28th straight month
  • End of energy subsidies likely boosted headline figure

I posted on this earlier this week but repeating it here.

The data is due at the bottom of the hour.

Later today we'll also get Bank of Japan Governor Ueda speaking.

Economic calendar in Asia Friday, August 23 1

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