April saw Japanese consumer prices accelerating, with CPI accelerated from 3.2% yoy to 3.5% yoy. That put a halt to the slowdown of headline inflation from 4.3% in January. Even more significantly, core CPI (which excludes fresh food) rose from 3.1% yoy to 3.4%. This metric has been above BoJ’s 2% target for an uninterrupted […]
The post Japan CPI core rose back to 3.5% in April, core-core hit 42-yr high appeared first on Action Forex.
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