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MNI BRIEF: Japan Sept Core CPI Rises 2.4% Vs. Aug +2.8%

Japanese authorities have published the latest CPI results.

MNI (TOKYO) - The year-on-year rise of Japan's annual core consumer inflation rate slowed to 2.4% in September from August’s 2.8% due to lower energy and household durable goods prices, although foods excluding perishables rose, data released by the Ministry of Internal Affairs and Communications showed on Friday.

September’s index stayed above the Bank of Japan’s 2% target for the 30th consecutive month.

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MNI (TOKYO) - The year-on-year rise of Japan's annual core consumer inflation rate slowed to 2.4% in September from August’s 2.8% due to lower energy and household durable goods prices, although foods excluding perishables rose, data released by the Ministry of Internal Affairs and Communications showed on Friday.

September’s index stayed above the Bank of Japan’s 2% target for the 30th consecutive month.

Keep reading...Show less