Japan - National inflation data for July. Headline CPI 0.5% y/y (expected 0.6%)

CPI data from Japan, still well under the 2% target, of course.

Headline national CPI 0.5% y/y

• expected 0.6%, prior was 0.7%

National CPI excluding Fresh Food 0.6% y/y

• expected 0.6%, prior was 0.6%

National CPI excluding Food, Energy 0.6% y/y. Above expectations and the previous month. That'll get at least a small smile at BOJ Headquarters!

• expected 0.5%, prior was 0.5%