Japan October headline CPI +2.3% (expected +2.2%, prior 2.5%)

Japan inflation data October 2024, all figures are y/y.Headline national CPI 2.3%expected 2.2%, prior 2.5%CPI excluding Fresh Food & Energy 2.3% (often referred to as 'core-core' inflation, its the closest to US core inflation)expected Exp. 2.3%, prior 2.1%CPI excluding Fresh Food 2.3% (core inflation)expected Exp. 2.2%, prior 2.4%Yen is inching a little stronger after the data. All three measures are above the 2% Bank of Japan inflation target. If you wanted to find an argument for a BOJ December rate hike this'd have to count, no? This article was written by Eamonn Sheridan at www.forexlive.com.

Nov 22, 2024 - 05:15
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Japan October headline CPI +2.3% (expected +2.2%, prior 2.5%)

Japan inflation data October 2024, all figures are y/y.

Headline national CPI 2.3%

  • expected 2.2%, prior 2.5%

CPI excluding Fresh Food & Energy 2.3% (often referred to as 'core-core' inflation, its the closest to US core inflation)

  • expected Exp. 2.3%, prior 2.1%

CPI excluding Fresh Food 2.3% (core inflation)

  • expected Exp. 2.2%, prior 2.4%

Yen is inching a little stronger after the data. All three measures are above the 2% Bank of Japan inflation target. If you wanted to find an argument for a BOJ December rate hike this'd have to count, no? This article was written by Eamonn Sheridan at www.forexlive.com.

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