Live Comments Japan core CPI ticked up to 0.9% yoy, core-core sluggish at 0.4%...

    Japan core CPI ticked up to 0.9% yoy, core-core sluggish at 0.4% yoy

    Japan all item CPI rose 0.5% mom 1.3% yoy in August. Core CPI (ex-fresh food) rose 0.3% mom, 0.9% yoy. Core-core CPI (ex-fresh food and energy) rose 0.2% mom, 0.4% yoy. While core CPI ticked up from 0.8% yoy in July, it’s still way off BoJ’s target of 2%. More importantly, the core-core continued to show sluggishness in underlying inflation.

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