Japan’s National CPI reading came in broadly as expected, with the annualized National inflation measure for October coming in at 1.4% compared to the previous reading of 1.2%.
Core National CPI also came in at 1%, in-line with expectations and the previous period, while ‘core-core’ National CPI, the key reading closely monitored by the Bank of Japan (BoJ), came in at 0.4%, holding steady with the previous period.
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