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Title: Japan October headline CPI +2.3% (expected +2.2%, prior 2.5%)
Post by: forex4you on Nov 22, 2024, 05:58 am

Japan October headline CPI +2.3% (expected +2.2%, prior 2.5%)

Japan inflation data October 2024, all figures are y/y.

Headline national CPI 2.3%

expected 2.2%, prior 2.5%

CPI excluding Fresh Food & Energy 2.3% (often referred to as 'core-core' inflation, its the closest to US core inflation)

expected Exp. 2.3%, prior 2.1%

CPI excluding Fresh Food 2.3% (core inflation)

expected Exp. 2.2%, prior 2.4%

Yen is inching a little stronger after the data. All three measures are above the 2% Bank of Japan inflation target. If you wanted to find an argument for a BOJ December rate hike this'd have to count, no?

This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Japan October headline CPI +2.3% (expected +2.2%, prior 2.5%) (https://www.forexlive.com/news/japan-october-headline-cpi-23-expected-22-prior-25-20241121/)

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Forex news -forex broker review => Forex => Topic started by: forex4you on Nov 22, 2024, 05:58 am