Japan Core CPI Slips to 1.7%, but Underlying Inflation Holds at 1.9%

Japan’s headline CPI was unchanged at 1.9% y/y in August, while the seasonally adjusted index was flat on the month. CPI excluding fresh food slowed from 1.8% to 1.7% y/y, undershooting the 1.8% consensus and remaining below 2% for an eighth consecutive month. By contrast, CPI excluding fresh food and energy held at 1.9% y/y […]

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