Japan’s National CPI climbs 3.6 % YoY in April, Core CPI rises more than expected
Japan’s National Consumer Price Index (CPI) climbed by 3.6% YoY in April, compared to the previous reading of 3.6%, 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 3.5% YoY in April versus 3.2% prior. The figure was above the market consensus of 3.4%.
CPI ex Fresh Food, Energy rose 3.0% YoY in April, compared to the previous reading of 2.9%.
Market reaction to Japan’s National CPI data
Following Japan’s CPI inflation data, the USD/JPY pair is down 0.08% on the day at 143.90.
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