Inflation data from Japan for January 2021. You won't need to read this to know its way, way below the Bank of Japan target of 2%.

National CPI -0.6% y/y,

  • expected -0.7%, prior was -1.2%

National CPI excluding Fresh Food -0.6% y/y,

  • expected -0.6%, prior was -1.0%

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

  • expected 0.0%, prior was -0.4%

The Bank of Japan will announce the results of its policy review in March. They really need to target something else than inflation ....

Bank of Japan Governor Kuroda