According to data released on Friday, Japan's core consumer price index rose 2.4% year on year in September. The growth rate was slower than the previous month, as the government introduced a temporary subsidy policy to curb energy prices. The median market forecast was a 2.3% increase. The core CPI includes the price of oil but does not include the price of fresh food. Core CPI rose 2.8% in August. According to the data, the consumer price index excluding fuel and fresh food prices rose 2.1% year on year in September. The increase in August was 2.0%. The Bank of Japan will end its two-day policy meeting on October 31. Factors to consider at that time will include this data. Japan's core inflation rate has been exceeding the Bank of Japan's 2% target for more than two years, prompting the central bank to end negative interest rates in March and raise short-term interest rates to 0.25% in July.

Zhitongcaijing · 10/18 00:01
According to data released on Friday, Japan's core consumer price index rose 2.4% year on year in September. The growth rate was slower than the previous month, as the government introduced a temporary subsidy policy to curb energy prices. The median market forecast was a 2.3% increase. The core CPI includes the price of oil but does not include the price of fresh food. Core CPI rose 2.8% in August. According to the data, the consumer price index excluding fuel and fresh food prices rose 2.1% year on year in September. The increase in August was 2.0%. The Bank of Japan will end its two-day policy meeting on October 31. Factors to consider at that time will include this data. Japan's core inflation rate has been exceeding the Bank of Japan's 2% target for more than two years, prompting the central bank to end negative interest rates in March and raise short-term interest rates to 0.25% in July.