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- Japan National Consumer Price Index increased in November
Japan National Consumer Price Index increased in November
The National Consumer Price Index (CPI), published by the Bureau of Statistics of Japan increased by 0.5% after rising 0.1% in October. This indicator reflects the assessment of price movements obtained by comparison of the retail prices of the relevant basket of goods and services. CPI - the most important barometer of changes in purchasing trends.
The base consumer price index in Tokyo for the last month decreased contrary to expectations. According to the report, seasonally adjusted inflation was down 0.6% compared with -0.4% in the previous month. Economists expect that the index will remain unchanged at -0.4%
National consumer price index excluding fresh food, remained unchanged at -0.4%, but was lower than the forecast of -0.3%. The national consumer price index excluding food and energy, prices rose 0.1%, after declining by -0.4% previously.
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