Free Trial

Japan Feb Core CPI +2.8% Y/Y; Energy Price Dip Further

JAPAN DATA
MNI (Singapore)
  • Japan's national average core consumer price index (excluding fresh food) rose 2.8% from the year earlier in February, accelerating from the growth of 2.0% marked in January.
  • Energy fell 1.7% y/y, narrowing from the previous 12.1% y/y drop.
  • The underlying inflation rate measured by the core-core CPI (excluding fresh food and energy) increased 3.2% y/y, slowing down from the 3.5% growth last month.
  • Prices for ex-perishables rose 5.3% y/y, lower than the 5.9% y/y increase in January.
  • Prices for household spending rose 3.5% y/y, decelerating from the 4.7% y/y growth reported last month, and prices for accommodation increase 33.3% y/y, up from the previous 26.9% rise.

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.