Free Trial

MNI BRIEF: Japan's March Core CPI At Highest Since Jan 2020

(MNI) Tokyo
TOKYO (MNI)

Japan's March annual core consumer inflation rate rose 0.8% y/y on the back of higher energy costs, data from the Ministry of Internal Affairs and Communication released on Friday showed.

The underlying inflation rate measured by the core-core CPI (excluding fresh food and energy) fell 0.7% in March after a decline in February. Energy items rose 20.8% y/y in March. The price focus has shifted to the April consumer price index, which is expected closer to 2% as the impact of cheaper mobile phone costs wanes.

MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.