An article in Sankei Shimbun (the headline comes via Bloomberg):
- 'BOJ mulls own CPI index as additional indicator for 2% goal'
I'll try to suss out more details, but can't find it as yet (any eagle-eyed ForexLive traders who find it, please let me know)
-
I've posted before on the BOJ's own inflation indicator, just a reminder:
- The BOJ's own internal calculation of core inflation takes out fresh food & also energy, but leaves in processed & imported food prices
- The reasoning is fresh food and energy are volatile, while processed and imported foods less so. Oh, and processed and imported food prices have been steadily rising, too. Nothing suss, right?
