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Japan core-core CPI data comes in above 4% again, hits 4.3% in July
Japan July inflation data. Underlying inflation pressures have a rocket under them. The 'excluding food and energy' measure is known as 'core-core'. Its the closest to the US measure of core inflation. It hit 4.3% in July. If you've been following along you'll know that the Bank of Japan have insisted, over and over again, that they expect current high inflation levels (for Japan)_ to be transitory. The BOJ expects CPI rates to begin to drop from around September/ October. And thus, says the Ban...
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Posted: Aug 17 2023, 23:30
Author Name: forexlive
Views: 111520