The typical/expected impact on JPY pairs is medium.
The consensus forecast for National CPI ex-Fresh Food (YoY) is 2.8%. A higher value than forecast tends to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
The most recent announced value for National CPI ex-Fresh Food (YoY) was 2.7% against a forecast of 2.7%.
Recent economic data has been strongly bearish for JPY. Other recent announcements which may affect the market's interpretation of the next National CPI ex-Fresh Food (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Exports (YoY) | Bearish change | 10.2% | 5.6% | ||
Imports (YoY) | Bearish change | 16.6% | 2.3% | ||
Merchandise Trade Balance Total | Bearish change | ¥-628.7B | ¥-695.3B | ||
Current Account n.s.a. | Bullish change | ¥1533.5B | ¥3193B | ||
Gross Domestic Product (QoQ) | Bearish change | 0.8% | 0.7% | ||
Gross Domestic Product Annualized | Bearish change | 3.1% | 2.9% | ||
Gross Domestic Product Deflator (YoY) | Bullish change | 3% | 3.2% | ||
Labor Cash Earnings (YoY) | Bearish change | 4.5% | 3.6% |
Country: | Japan |
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Currency: | JPY |
Source: | Statistics Bureau of Japan |
Category: | Inflation |
Frequency: | Monthly |