fxs_header_sponsor_anchor

News

Japan CPI (YoY) Oct 0.2% (Est 0.3%; Prev 0.2%)

The Japan October Consumer Price Index was expected to tick up fractionally, to 0.3% YoY overall, 0.6% YoY ex-fresh food & energy.

The data arrived as follows:

Japan CPI (Y/Y) Oct 0.2% (est 0.3%; prev 0.2%) - Japan CPI Ex. Fresh Food (Y/Y) Oct 0.4% (est 0.4%; prev 0.3%) -Japan CPI Ex. Fresh Food And Energy (Y/Y) Oct 0.7% (est 0.6%; prev 0.5%).

Full report

The consumer price index for Japan in October 2019 was 102.2 (2015=100), up 0.2% over the year before seasonal adjustment, and the same level as the previous month on a seasonally adjusted basis.

There has been no material impact on the yen.

About the National Consumer Price Index

The National Consumer Price Index released by the Statistics Bureau is a measure of price movements obtained by comparison of the retail prices of a representative shopping basket of goods and services. These volatile products such as food and energy are excluded in order to capture an accurate calculation. CPI is the most significant way to measure changes in purchasing trends. The purchase power of JPY is dragged down by inflation. Generally a high reading is seen as positive for the JPY.

 

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.