Higher numbers than forecast tend to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
The typical/expected impact on JPY pairs is medium.
The consensus forecast for National CPI ex-Fresh Food (YoY) is 2.2%. A higher value than forecast tends to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
The most recent announced value for National CPI ex-Fresh Food (YoY) was 2.4% against a forecast of 2.3%.
Recent economic data has been strongly bearish for JPY. Other recent announcements which may affect the market's interpretation of the next National CPI ex-Fresh Food (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Gross Domestic Product (QoQ) | Bearish change | 0.5% | 0.2% | ||
Gross Domestic Product Annualized | Bearish change | 2.2% | 0.9% | ||
Gross Domestic Product Deflator (YoY) | Bearish change | 3.2% | 2.6% | ||
Current Account n.s.a. | Bearish change | ¥3933.1B | ¥1717.1B | ||
Labor Cash Earnings (YoY) | (no change) | 2.8% | 2.8% |
Country: | Japan |
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Currency: | JPY |
Source: | Statistics Bureau of Japan |
Category: | Inflation |
Frequency: | Monthly |