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Japan's August Core CPI Rises 1.7% YoY, Below Forecast and Prior Month
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Japan's core consumer price index (CPI) rose 1.7% year-on-year in August, according to data released by the Statistics Bureau. This reading fell short of the market forecast of 1.80% and was lower than the previous month's reading of 1.80%. The data, reported by Cailian Press on September 18, indicates a slight easing in core inflation in Japan, which remains below the Bank of Japan's 2% target. The figures are closely watched for clues on the central bank's future monetary policy direction.
Source report
September 18 – Japan's core Consumer Price Index (CPI) increased by 1.7% year-on-year in August, according to data released by Cailian Press.
- Actual: 1.7%
- Expected: 1.8%
- Previous: 1.8%
Source
财联社Eastern
Part of this Story
Japan’s August core CPI rises 1.7% year-on-year, missing 1.8% forecast