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Japan October headline CPI +3.7% y/y (prior +3.0%)

Started by forex4you, Nov 18, 2022, 05:29 am

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Japan October headline CPI +3.7% y/y (prior +3.0%)

<p>Japanese inflation report for October 2022.</p><p>Headline CPI 3.7% </p><ul><li>forecast 3.6%, previous 3.0%</li></ul><p>Core CPI 3.6% y/y (i.e. excluding food)</p><ul><li>forecast 3.5%, previous 3.0%</li><li>3.6% is the highest since February 1982</li></ul><p>Core-core (i.e. excluding food and energy) +2.5% y/y</p><p>---</p><p>Bank of Japan Governor Kuroda said again yesterday that he views Japan's level of inflation to be transitory only:</p><ul><li><a href="" target="_blank" data-article-link="true">BOJ Gov Kuroda says CPI will drop under 2% in 2023/24 fiscal year, cost-push declines</a></li></ul><p>Kuroda is in zero hurry to get rid of super-easy policy. </p><p>Merry Christmas to yen bears. </p>

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Source: Japan October headline CPI +3.7% y/y (prior +3.0%)
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