Japan national consumer price index higher than expected

The National Consumer Price Index published by the Statistics Bureau of Japan, rose 0.1% in October, higher than the forecast of 0.0% and the previous value of -0.5% year on year. This indicator reflects the assessment of price movements obtained by comparison of the retail prices of the relevant basket of goods and services and is the most important barometer of changes in purchasing trends.

Also, core CPI was in line with expectations and amounted to -0.4%. The previous value 0.5%. As can be seen from the data, inflation in Japan was ultimately a little better than expected. Some of the readings in line with expectations, some of them up, no one below.

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