Japan October CPI was expected to tick up fractionally, to 0.3% YoY overall, 0.6% YoY ex-fresh food & energy.
The data arrived as follows:
Japan CPI (Y/Y) Oct 0.2% (est 0.3%; prev 0.2%) -Japan CPI Ex. Fresh Food (Y/Y) Oct 0.4% (est 0.4%; prev 0.3%) -Japan CPI Ex. Fresh Food And Energy (Y/Y) Oct 0.7% (est 0.6%; prev 0.5%).
The consumer price index for Japan in October 2019 was 102.2 (2015=100), up 0.2% over the year before seasonal adjustment, and the same level as the previous month on a seasonally adjusted basis.
There has been no material impact on the yen.
More to come…