Japan headline CPI (February): 0.2% y/y (expected 0.4%)

Japanese national inflation data for February 2019.

Headline comes in at 0.2% y/y

• expected 0.3%, prior 0.2%

CPI excluding fresh food 0.7% y/y

• expected 0.8%, prior 0.8%

CPI excluding fresh food and energy 0.4% y/y

• expected 0.4%, prior 0.4%
• this one is the closest equivalent to US core CPI

Remember folks, the target for the core CPI is 2% … not there yet! …. after years and years of easy policy.