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BoA have hiked their forecasts for Japanese inflation - core CPI above 2% through 2025

BoA have hiked their forecasts for Japanese inflation - core CPI above 2% through 2025
Yesterday we had Japanese firms forecasting above-target inflation out for 5 years:Firms expect the CPI still above 2% target in 5 yearsBoA, too, has been busy raising their inflation forecasts for Japan. Core-core to stay above 2% through 2025 (core-core is the Japanese measure of CPI excluding fresh food and energy and is the closest to the US 'core' CPI measure)BoJ core CPI forecasts (ex. energy) raised by 0.4ppt, to 2.6% YoY for 2024and 2.1% for 2025BoA had previously forecast the BoJ core C... Read More
Posted: Oct 2 2023, 22:50
Author Name: forexlive
Views: 082916

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