CANADA MAY CPI +2.9% YOY VS FORECAST +2.6%, PRIOR 2.7%

MNI: Bowman Warns Of Fed Divergence With Other Central Banks

MNI BRIEF: China To Empower AI For Economic Growth - Li Qiang

MNI China Daily Summary: Tuesday, June 25

EZ/UK Bond Supply Calendar: Lithuania Synd; UK Auction Wednesday

MNI: US CONF BOARD CONSUMER CONFIDENCE 100.4 IN JUN V MAY 101.3

MNI:US APR FHFA HPI SA +0.2% V +0.0% MAR; +6.3% Y/Y

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Japan May Core CPI +2.5% Y/Y; Energy Price Surges

JAPAN DATA
MNI (Singapore)
Data BulletDataHomepagemarkets-real-timeBulletBank of Japan (BOJ) Market News
  • Japan's national average core consumer price index (excluding fresh food) rose 2.5% from the year earlier in May, accelerating from the growth of 2.2% marked in April.
  • Energy rose 7.1% y/y, largely improving from the previous 0.1% y/y growth.
  • The underlying inflation rate measured by the core-core CPI (excluding fresh food and energy) increased 2.1% y/y, slowing down from the 2.4% growth last month.
  • Prices for ex-perishables rose 3.2% y/y, lower than the 3.5% y/y increase in April.
  • Prices for household spending rose 1.9% y/y, up from the 0.5% y/y growth reported last month, and prices for accommodation increase 14.7% y/y, down from the previous 18.8% rise.
104 words

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.
  • Japan's national average core consumer price index (excluding fresh food) rose 2.5% from the year earlier in May, accelerating from the growth of 2.2% marked in April.
  • Energy rose 7.1% y/y, largely improving from the previous 0.1% y/y growth.
  • The underlying inflation rate measured by the core-core CPI (excluding fresh food and energy) increased 2.1% y/y, slowing down from the 2.4% growth last month.
  • Prices for ex-perishables rose 3.2% y/y, lower than the 3.5% y/y increase in April.
  • Prices for household spending rose 1.9% y/y, up from the 0.5% y/y growth reported last month, and prices for accommodation increase 14.7% y/y, down from the previous 18.8% rise.