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MNI 5 THINGS: Japan Oct Core CPI Stable, Energy Costs Up

MNI (London)
--Japan Oct Core CPI +1.0% Y/Y; MNI Median +1.0%; Sep +1.0% 
--Japan Oct Core-Core CPI +0.4% Y/Y; Sep +0.4% 
--Japan Oct CPI Energy Costs +8.9% Y/Y; Sep +8.1% 
--Japan Oct CPI Food Ex-Perishables +0.9% Y/Y; Sep +1.0% 
--Japan Oct CPI Household Durable Goods -2.0% Y/Y; Sep -2.0% 
--Japan Oct CPI Overseas Holiday Tours +15.4% Y/Y; Sep +13.0%
     TOKYO (MNI) - Japan's October annual core consumer inflation rate was
unchanged from the previous month's level, despite energy costs accelerating,
data from the Ministry of International Affairs and Communication released
Thursday showed.
     The key points from the latest CPI data:
     -- The national average core consumer price index (excluding fresh food)
rose 1.0% on year in October, unchanged from the previous month and in line with
an MNI survey, recording the 22th straight year-on-year rise.
     - Overall CPI rose 1.4% on year in October, picking up from the 1.2%
recorded in September. The rise was mainly driven by the higher energy costs,
which reported an 8.9% gain over the year. 
     -- The underlying inflation rate measured by the core-core CPI (excluding
fresh food and energy) rose 0.4% on year in October, unchanged from September.
It was the 16th consecutive year-on-year rise.
     -- Prices for overseas holiday tours rose 15.4% y/y in October,
accelerating from the 13.0% increase in September. Prices for household durable
goods were down 2.0% on year in October, unchanged from the previous month.
     -- Price gains for education and entertainment, as well as accommodation,
dipped into negative territory from September's 1.7% and 0.8% y/y growth
respectively, both recording a fall of 0.3% on year in October.    
--MNI Beijing Bureau; tel: +86 (10) 8532-5998; email: flora.guo@marketnews.com
--MNI Beijing Bureau; +86 (10) 8532-5998; email: wanxia.lin@marketnews.com
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
[TOPICS: MAJDS$,MAUDR$,MAUDS$,M$A$$$,M$J$$$,M$U$$$]
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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