- Analytics
- News and Tools
- Market News
- Japan inflation: National CPI eases to 3.0% YoY in September vs. 3.2% prior
Japan inflation: National CPI eases to 3.0% YoY in September vs. 3.2% prior
According to the latest data released by the Japan Statistics Bureau on Friday, the National Consumer Price Index (CPI) for September came in at 3.0% YoY from 3.2% in August.
Further details unveil that the National CPI ex Fresh Food climbed to 2.8% YoY in September versus 3.1% prior, whereas the National CPI ex Food, Energy came in at 4.2% compared to 4.3% in previous readings.
Market reaction
Following the Japan inflation data, the USD/JPY pair is up 0.02% on the day at 149.82.
About Japan’s National CPI
The National Consumer Price Index is released by the Statistics Bureau and it's a measure of price movements obtained by comparison of the retail prices of a representative shopping basket of goods and services. CPI is the most significant way to measure changes in purchasing trends. The purchase power of JPY is dragged down by inflation. Generally a high reading is seen as positive for the JPY.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
