In May, the core consumer price index, which excludes volatile fresh food prices, remained unchanged over the previous month, down from the 0.2% increase recorded in April. As a result, annual core inflation also remained unchanged at 0.6% in May, which was spurred on in part due to higher commodity prices. The May figure came in slightly above market expectations of a 0.5% rise. Meanwhile, the so-called core core inflation, which also excludes energy prices, inched up from a flat reading in April to a 0.1% rise in May. Meanwhile, annual overall inflation increased 0.3% in May over the same month last year, which was slightly above market expectations of a 0.2% rise and remained unchanged from the previous month's figure.
Japan: Consumer prices remain positive in May
July 1, 2011
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Japan Economic News
February 21, 2017
The Nikkei Flash Manufacturing Purchasing Managers’ Index (PMI) rose from January’s revised 52.7 (previously reported: 52.8) to 53.5 in February.
February 20, 2017
Nominal exports valued in yen rose 1.3% from the same month last year in January, following December’s 5.4% increase.
February 13, 2017
Although the economy managed to expand for the fourth consecutive quarter in Q4, growth softened in the October-December period as a result of stagnating private demand.
February 9, 2017
Core machinery orders (a leading indicator of capital spending over a three- to six-month period) rebounded in December and expanded at the fastest pace since June 2016.
February 2, 2017
Consumer sentiment in Japan rose marginally from December’s 43.1 to 43.2 in January, which marked the highest reading since September 2013.