Japan CPI data for August: Headline CPI -0.4% y/y (expected -0.3%)

Author: Eamonn Sheridan | Category: News

Japan inflation data for August

  • National CPI -0.4% y/y, expected -0.3%, prior was -0.3%

  • National CPI excluding Fresh Food 0.0% y/y, expected 0.0%, prior was -0.2%

  • National CPI excluding Food, Energy -0.5% y/y, prior was -0.6% 

Core inflation (CPI excluding Fresh Food) at 0.0% for the month, its the first time not below zero since July 2020. 

As a reminder the Bank of Japan target for core inflation is 2%. 
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