Japan's core consumer price growth increased slightly in October, following a previous easing, reinforcing the view that persistent inflation could prompt the Bank of Japan to withdraw monetary stimulus. Data showed core inflation rising to 2.9% year-on-year in October, slightly below economist forecasts, but still above the central bank's 2% target for 19 consecutive months. This may intensify pressure for a policy shift at the Bank of Japan. The inflation report indicated continued moderation in core inflation, with another 2% annual print on a monthly seasonally adjusted basis. The rise in inflation in Japan is seen as welcome news, according to The Economist's podcast.
Japan’s core inflation has hovered above the Bank of Japan’s 2% inflation target for 19 consecutive months, which may push the central bank to roll back monetary stimulus before long Read more: https://t.co/HodRmo8P0N https://t.co/DkzESb1naV
Japan’s core inflation has hovered above the Bank of Japan’s 2% inflation target for 19 consecutive months, which may push the central bank to roll back monetary stimulus before long https://t.co/HkTNqnUfia https://t.co/YbJtxFRfrB
Japan has just released its inflation figures and they are higher than the central bank’s 2% target. On “The Intelligence” @NoahSneider explains why that is welcome news. Listen to the podcast: https://t.co/BR5XfBd8TW 👇
Core inflation in Japan rose to 2.9% year-on-year in October, slightly below economist forecasts. The numbers ramp up pressure for a change of course at the Bank of Japan as inflation has now hovered above its 2% target for 19 straight months Read more: https://t.co/HodRmo9mQl https://t.co/kmFwoaVuqu
Core inflation in Japan rose to 2.9% year-on-year in October, slightly below economist forecasts. The numbers ramp up pressure for a change of course at the Bank of Japan as inflation has now hovered above its 2% target for 19 straight months https://t.co/HkTNqnTHsC https://t.co/GGlespGpNj
Japan doesn't have an inflation problem, and with almost no domestically driven inflation and weak growth, there is little urgency to tighten policy further. Today's inflation report showed continued moderation in core inflation with another 2% ann print on a monthly SA basis. https://t.co/s0S8MjuUI7
Inflation may be making a return in Japan. Data showed price rises picking up again in October, after a dip the month before Read more: https://t.co/HodRmo9mQl https://t.co/0Vl0pbmN7m
Inflation may be making a return in Japan. Data showed price rises picking up again in October, after a dip the month before https://t.co/HkTNqnUfia https://t.co/oCS0EGEkUB
Japan's core consumer price growth picked up slightly in October, after easing the previous month, reinforcing investors' views that stubborn inflation may push the Bank of Japan to roll back monetary stimulus before long Read more: https://t.co/HodRmo8P0N https://t.co/3wAgNuQcK6
Japan's core consumer price growth picked up slightly in October, after easing the previous month, reinforcing investors' views that stubborn inflation may push the Bank of Japan to roll back monetary stimulus before long https://t.co/HkTNqnUfia https://t.co/Z8Qepqolid