- Japan: March overall CPI at 2.7% versus 2.8% previously
- Previous report was 2.8% versus 2.2% expected
- Excluding fresh products and energy 2.9% vs +3.0% expected
- Excluding food compared to 2.5% previously
- Overall CPI m/m +0.3 versus 0.0% previously
- Excluding food m/m +0.2% vs +0.2% previously
These figures are not really cold and leave the BoJ with enough ammunition to continue its rise.
This article was written by Adam Button at www.forexlive.com.
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