Japanese inflation
Inflation
Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m
Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m
Read this Term report for October 2022.
Headline CPI 3.7%
- forecast 3.6%, previous 3.0%
Core CPI 3.6% y/y (i.e. excluding food)
- forecast 3.5%, previous 3.0%
- 3.6% is the highest since February 1982
Core-core (i.e. excluding food and energy) +2.5% y/y
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Bank of Japan Governor Kuroda said again yesterday that he views Japan's level of inflation to be transitory only:
Kuroda is in zero hurry to get rid of super-easy policy.
Merry Christmas to yen bears.