Japan’s National CPI climbs 1.7% YoY in June, Core CPI rises as expected
Japan’s National Consumer Price Index (CPI) rose by 1.7% YoY in June, compared to the previous reading of 1.5%, 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 1.6% YoY in June versus 1.4% prior. The figure came in line with the market consensus of 1.6%.
CPI ex Fresh Food, Energy rose 1.7% YoY in June compared to the previous reading of 1.8%.
Market reaction to Japan’s National CPI data
Following Japan’s CPI inflation data, the USD/JPY pair is up 0.41% on the day at 163.82.
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