Japan national CPI for October: 2.9% y/y (vs. 3.0% expected)

National CPI y/y for October: 2.9%

• expected 3.0%, prior was 3.2%

National CPI y/y excluding Fresh Food for October: 2.9%

• expected 2.9%, prior was 3.0%

National CPI excluding Food, Energy y/y for October: 2.2%

• expected 2.2%, prior was 2.3%

Tokyo CPI y/y for November: 2.1%

• expected 2.3%, prior was 2.5%

Tokyo CPI excluding Fresh Food y/y for November: 2.4%

• expected 2.4%, prior was 2.5%

Tokyo CPI excluding Food, Energy y/y for November: 1.8%

• expected 2.0%, prior was 2.1%

–

Slowing inflation in Japan

Note: The BoJ estimates that the April 1 tax hike added 1.7 percentage points to the core CPI data in April and 2 per cent thereafter.