Japanese National CPI YY (Jan) 1.5% vs Exp. 1.6% (Prev. 2.1%)
Newsquawk Staff ·
Japanese National CPI YY (Jan) 1.5% vs Exp. 1.6% (Prev. 2.1%)
What it means
The Japanese National CPI for January came in at 1.5%, slightly below the expected 1.6% and significantly lower than the previous 2.1%. This miss suggests a cooling in inflationary pressures, which could impact the Bank of Japan's policy stance and potentially signal a shift in sentiment regarding the growth-inflation balance, affecting commodity markets and the yen accordingly.
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