Japan inflation: National CPI comes in at 2.6% YoY in December vs. 2.8% prior
By Admin JAPAN’S NATIONAL CONSUMER PRICE INDEX (CPI) FOR DECEMBER CAME IN AT 2.6% YOY FROM 2.8% IN NOVEMBER, ACCORDING TO THE LATEST DATA RELEASED BY THE JAPAN STATISTICS BUREAU ON FRIDAY.
FURTHER DETAILS UNVEIL THAT THE NATIONAL CPI EX FRESH FOOD ARRIVED AT 2.3% YOY IN DECEMBER VERSUS 2.5% PRIOR.
Market reaction
FOLLOWING THE JAPAN INFLATION DATA, THE USD/JPY PAIR IS DOWN 0.01% ON THE DAY AT 148.16.
