Japan October headline CPI +2.3% (expected +2.2%, prior 2.5%)

News

Japan inflation data October 2024, all figures are y/y.

Headline national CPI 2.3%

  • expected 2.2%, prior 2.5%

CPI excluding Fresh Food & Energy 2.3% (often referred to as ‘core-core’ inflation, its the closest to US core inflation)

  • expected Exp. 2.3%, prior 2.1%

CPI excluding Fresh Food 2.3% (core inflation)

  • expected Exp. 2.2%, prior 2.4%

Yen is inching a little stronger after the data. All three measures are above the 2% Bank of Japan inflation target. If you wanted to find an argument for a BOJ December rate hike this’d have to count, no?

Articles You May Like

orderFlow Intel Update for AMD Investors
Trump tariff worries set gold on course for eighth straight weekly gain
Gold ETFs drew largest weekly inflow since March 2022, says WGC
Texas Roadhouse gets off to slower current quarter start. But nothing it can’t handle
Gold Price Today: Yellow metal nears record high amid safe-haven buying, opens at Rs 86,380/10 gm

Leave a Reply

Your email address will not be published. Required fields are marked *