Japan’s National CPI climbs 1.7% YoY in June, Core CPI rises as expected
Japan’s National Consumer Price Index (CPI) rose by 1.7% YoY in June, compared to the previous reading of 1.5%, according to the latest data released by the Japan Statistics Bureau on Friday.
Further details unveil that the National CPI ex Fresh food arrived at 1.6% YoY in June versus 1.4% prior. The figure came in line with the market consensus of 1.6%.
CPI ex Fresh Food, Energy rose 1.7% YoY in June compared to the previous reading of 1.8%.
Market reaction to Japan’s National CPI data
Following Japan’s CPI inflation data, the USD/JPY pair is up 0.41% on the day at 163.82.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. August JOLTS job openings fall to a 5-month low, missing expectations for the third consecutive month
In August, job openings in the United States fell to 7.079 million, below economists' expectations of 7.228 million. Job vacancies in the real estate and rental sector were only 50,000, nearly halved from the previous month. The quit rate remained at 1.9%, matching the lowest level since 2020. The ratio of job vacancies to unemployed persons dropped to 1.0. Analysts have noted that net hires implied by the JOLTS report have been lower than the nonfarm payroll report for three consecutive months, indicating a significant downside risk for this Friday’s nonfarm payroll data.
CLARITY Vote Wasn’t the End: 5 Altcoins to Watch Before the Next Crypto Catalyst
AI Predicts Bitcoin Path as Strategy Moves 3,568 Coins
Avalanche adds $131M in tokenized stocks – But there’s a catch!
Crypto prices
More
