Free Trial
USDCAD TECHS

Key Support Remains Exposed

AUDUSD TECHS

Pullback Extends, But Still Looks Corrective in Nature

US TSYS

FED Remains in Play Post-NFP/ISM Data

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI BRIEF: Japan's Trimmed Mean Hits Record 3.1% in Dec - BOJ

(MNI) Tokyo
(MNI) Tokyo

Japan’s trimmed mean measure of underlying inflation rose 3.1% y/y in December, a fresh record high pace as pass-through of cost increases continued, data released by the Bank of Japan on Tuesday showed.

The trimmed mean accelerated from the previous high of 2.9% in November, and comes after data released on Friday showed Japan's annual core consumer inflation rate quickened to 4.0% y/y in December, up from November’s 3.7% and the highest level since December 1981 when it rose 4.0%. (See MNI BRIEF: Japan's Dec Core CPI Rises 4%; Highest In 41 Years)

Keep reading...Show less
197 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

Japan’s trimmed mean measure of underlying inflation rose 3.1% y/y in December, a fresh record high pace as pass-through of cost increases continued, data released by the Bank of Japan on Tuesday showed.

The trimmed mean accelerated from the previous high of 2.9% in November, and comes after data released on Friday showed Japan's annual core consumer inflation rate quickened to 4.0% y/y in December, up from November’s 3.7% and the highest level since December 1981 when it rose 4.0%. (See MNI BRIEF: Japan's Dec Core CPI Rises 4%; Highest In 41 Years)

Keep reading...Show less