Tokyo November CPI data: Headline 3.8% y/y (October was 3.5%)

The Bank of Japan have been adamant in their view rising 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 is transitory. The Bank expects it will begin to fall from the middle of the next fiscal year. The next fiscal year begins on April 1.

• CPI growth will fall under 2% next fiscal year as cost-push factors taper off

more to come

Core CPI (3.6% in November) has risen at its fastest since April of 1982.

The excl food and energy (at 2.5%) is closest to US core CPI.