Japanese National CPI Ex. Fresh Food & Energy YY (Jan) 2.6% vs Exp. 2.7% (Prev. 2.9%)
Newsquawk Staff ·
Japanese National CPI Ex. Fresh Food & Energy YY (Jan) 2.6% vs Exp. 2.7% (Prev. 2.9%)
What it means
The Japanese January CPI excluding fresh food and energy came in at 2.6%, slightly below the expected 2.7% and down from December's 2.9%. This miss suggests a potential easing in inflation momentum, which could give the Bank of Japan pause regarding its accommodative policy stance, affecting both domestic consumption outlook and wider commodity markets.
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