Japan Core inflation rate 1.4% y/y vs. 1.7% expected

Japan April inflation data:

Headline CPI (Y/Y) 1.4%

  • expected 1.6%, prior 1.5%

CPI Excluding Fresh Food (core CPI) 1.4%, slowest since March 2022

  • expected 1.7%, prior 1.8%

CPI Excluding Fresh Food, Energy (core-core CPI) (Y/Y) 1.9%, slowest since July 2024

  • expected 2.2%, prior 2.4%

I'll have more to come on this separately, details and implications etc. The TL;DR is going to be this is not going to prompt BoJ rate rise urgency.

This article was written by Eamonn Sheridan at investinglive.com.