Japan September inflation carries on the tradition of being well below the Bank of Japan target (2%).

National CPI 0.5% y/y,

  • expected -0.8%, prior was -0.4%

National CPI excluding Fresh Food +0.1% y/y,

  • expected 0.1%, prior was 0.0%

National CPI excluding Food, Energy -0.5% y/y, its sixth consecutive result under zero (ie drop)

  • expected -0.2%, prior was -0.5%

Rising energy prices a large component of consumer inflation in the month. It'll be the same in October.