OctaFX | OctaFX Forex Broker
      Konto eröffnen

      Deflation grips Japan as Core CPI turns negative in August

      FXStreet (Mumbai) - After a flat reading booked in July, consumer prices continued to cool-off in Japan and turned into the negative zone for the first time in over two years.

      The National Core CPI y/y (excluding fresh food) fell -0.1% in August, although the print matched market forecasts.

      While the Tokyo Core CPI y/y fell -0.2% in September, against -0.1% previous. Markets had predicted the same numbers for September.

      Worsening deflation fears in Japan, underscores the challenges faced by Bank of Japan (BOJ) Governor Haruhiko Kuroda and raises questions over the success of the monetary stimulus unveiled by the central bank, thus supporting the case for further monetary easing.

      AUD/JPY recovery stalling on 84 handle

      AUD/JPY is currently trading at 84.34 with a high of 84.49 and a low of 83.85.
      Mehr darüber lesen Previous

      USD/JPY: holding in on the 120 handle

      USD/JPY is currently trading at 120.30 with a high of 120.38 and low of 120.02.
      Mehr darüber lesen Next
      Start livechat