Japan inflation target is 2% y/y. Not even close (this has been the case for many years)

National CPI 0.2% y/y

  • expected 0.2%, prior was 0.3%

National CPI -0.4% y/y excluding Fresh Food

  • expected -0.4%, prior was 0.0%

National CPI excluding Food, Energy -0.1% y/y

  • expected -0.1%, prior was 0.4%

more to come