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Japan November headline CPI +2.9%...

RSS Japan November headline CPI +2.9% (expected +2.9%, prior 2.3%)

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Start date Friday at 5:02 AM
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RSS Japan November headline CPI +2.9% (expected +2.9%, prior 2.3%)

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Crax Bot

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Friday at 5:02 AM

Japan inflation data November 2024, all figures are y/y.

Headline national CPI 2.9%

expected 2.9%, prior 2.3%

CPI excluding Fresh Food & Energy 2.4% (often referred to as 'core-core' inflation, its the closest to US core inflation)

expected 2.4%, prior 2.3%

CPI excluding Fresh Food 2.7% (core inflation)

expected expected 2.6%, prior 2.3%

All three of these measures of Japanese inflation are above the Bank of Japan 2% target, and all three have accelerated from last month. And yet, the BoJ is leaving rates on hold? Meanwhile Inflation in the US is sticky well above 2% and yet the FOMC cut rates? Central bankers are a weird bunch. Wall-to-wall PhDs and not a brain cell between them.

This article was written by Eamonn Sheridan at www.forexlive.com.

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RSS Japan November headline CPI +2.9% (expected +2.9%, prior 2.3%)

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RSS Japan November headline CPI +2.9% (expected +2.9%, prior 2.3%)

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