In their quarterly outlook released yesterday the Bank of Japan downgraded inflation forecasts.
National CPI y/y for March 0.2%
– expected 0.3%, prior was 0.3%
National CPI y/y excluding Fresh Food for March 0.2%. This is referred to as ‘core’ inflation for Japan.
Japan inflation data – Headline national CPI y/y for March 0.2% (vs. expected 0.3%)
