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Japan Mar Core CPI +2.6% Y/Y; Energy Price Fall Narrows

JAPAN DATA
MNI (Singapore)
  • Japan's national average core consumer price index (excluding fresh food) rose 2.6% from the year earlier in March, decelerating from the growth of 2.8% marked in February.
  • Energy fell 0.6% y/y, narrowing from the previous 1.7% y/y drop.
  • The underlying inflation rate measured by the core-core CPI (excluding fresh food and energy) increased 2.9% y/y, slowing down from the 3.2% growth last month.
  • Prices for ex-perishables rose 4.6% y/y, lower than the 5.3% y/y increase in February.
  • Prices for household spending rose 1.9% y/y, decelerating from the 3.5% y/y growth reported last month, and prices for accommodation increase 27.7% y/y, down from the previous 33.3% rise.
Data BulletDataHomepagemarkets-real-timeBulletBank of Japan (BOJ) Market News

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