Japan’s core CPI eases to 2.2% in Apr, marking second month of slowdown

Japan’s CPI core, which excludes food, decelerated from 2.6% yoy to 2.2% yoy in April. This aligns with market expectations and marks the second consecutive month of decline from February’s 2.8%. Despite the slowdown, core inflation has remained at or above BoJ’s 2% target for the 25th straight month. CPI core-core, which strips out both […]

The post Japan’s core CPI eases to 2.2% in Apr, marking second month of slowdown appeared first on Action Forex.