Japan CPI core eased from 3.5% yoy to 4.2% yoy in in May. CPI core (ex-fresh food) fell from 3.4% yoy to 3.2% yoy. CPI core has now stayed above BoJ’s 2% target for the 14th consecutive month. Meanwhile, CPI core-core (ex-fresh food and energy), jumped from 4.1% yoy to 4.3% yoy, the highest level in 42 years since 1981.
Energy costs fell -8.2% yoy, thanks to government subsidies. Food prices accelerated from 9.0% yoy to 9.2% yoy, highest since 1975. Durable goods prices rose 9.0% yoy. Goods prices were up 4.7% yoy while services prices rose 1.7% yoy.
 fell from 3.4% yoy to 3.2% yoy. CPI core has now stayed above BoJ's 2% target for the 14th consecutive month. Meanwhile, CPI core-core (ex-fresh food and energy), jumped from 4.1% yoy to 4.3% yoy, the highest level in 42 years since 1981.){kind=link}