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

JAPAN DATA
MNI (Singapore)
DataHomepagemarkets-real-timeBank of Japan (BOJ) Market NewsData BulletBullet
  • 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.
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  • 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.