Back
23 Mar 2016
JPY: Core inflation expected to unchanged at zero - BBH
Research Team at BBH, suggests that early tomorrow in Tokyo, the Japanese CPI will be released.
Key Quotes
“It is a piece of the economic puzzle that must be seen to add to pressure on the BOJ to ease policy further. The BOJ's Funo was quoted on the wires today urging the central bank to proceed with monetary easing. The core rate, which excludes fresh food, is expected to unchanged at zero. Excluding fresh food and energy, prices are expected to have risen 0.8% in February after 0.7% in January. Incidentally, the eurozone core consumer prices rose 0.8% in March, in the preliminary estimate.”
Key Quotes
“It is a piece of the economic puzzle that must be seen to add to pressure on the BOJ to ease policy further. The BOJ's Funo was quoted on the wires today urging the central bank to proceed with monetary easing. The core rate, which excludes fresh food, is expected to unchanged at zero. Excluding fresh food and energy, prices are expected to have risen 0.8% in February after 0.7% in January. Incidentally, the eurozone core consumer prices rose 0.8% in March, in the preliminary estimate.”