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Japan Sep Core CPI +2.4% Y/Y; Energy Price +6.0% Y/Y

JAPAN DATA
MNI (Singapore)
  • Japan's national average core consumer price index (excluding fresh food) rose 2.4% from the year earlier in September, slowing down from the growth of 2.8% marked in August.
  • Energy rose 6.0% y/y, lower than the 12.0% y/y growth registered in the previous month.
  • The underlying inflation rate measured by the core-core CPI (excluding fresh food and energy) increased 2.1% y/y, picking up from the 2.0% growth last month.
  • Prices for ex-perishables rose 3.1% y/y, higher than the 2.9% y/y increase in August.
  • Prices for household spending rose 6.5% y/y, down from the 7.7% y/y increase reported last month, and prices for accommodation increase 6.8% y/y, down from the previous 9.5% rise.
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  • Japan's national average core consumer price index (excluding fresh food) rose 2.4% from the year earlier in September, slowing down from the growth of 2.8% marked in August.
  • Energy rose 6.0% y/y, lower than the 12.0% y/y growth registered in the previous month.
  • The underlying inflation rate measured by the core-core CPI (excluding fresh food and energy) increased 2.1% y/y, picking up from the 2.0% growth last month.
  • Prices for ex-perishables rose 3.1% y/y, higher than the 2.9% y/y increase in August.
  • Prices for household spending rose 6.5% y/y, down from the 7.7% y/y increase reported last month, and prices for accommodation increase 6.8% y/y, down from the previous 9.5% rise.