Japan CPI core ticked up to 2.2% yoy, core-core up to 1.0% yoy

Japan all-item CPI dropped from 2.5% yoy to 2.4% yoy in June. CPI core (all-items ex-fresh food), rose from 2.1% yoy to 2.2% yoy, matched expectations. CPI core-core (all-items ex-fresh food, energy) rose from 0.8% yoy to 1.0% yoy. The CPI core reading has now stayed above BoJ’s 2% target for a third consecutive month. […]

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