inflation data from Japan

National CPI y/y for October 0.2% y/y ... in line

  • expected 0.2%, prior was 0.7%

National CPI y/y excluding Fresh Food for October 0.8% y/y... in line

  • expected 0.8%, prior was 0.7%
  • 10th consecutive month of y/y rise

National CPI excluding Food, Energy y/y for October0.2% y/y... in line

  • expected 0.2%, prior was 0.2%
  • This is the closest to US 'core' inflation

Tokyo CPI y/y for November 0.3% y/y ... higher than expected and higer than the prior

  • expected- 0.1%, prior was -0.2%
  • Tokyo inflation data is available a month earlier than the National CPI

Tokyo CPI excluding Fresh Food y/y for November 0.6% y/y ... as expected

  • expected 0.6%, prior was 0.6%

Tokyo CPI excluding Food, Energy y/y for November 0.2% y/y ... as expected

  • expected 0.2%, prior was 0.1%

Honestly... core inflation (ex fresh food and energy) and headline inflation at 0.2% is not really close to 2.0%. Little reaction in the USDJPY after the report.