In September, the core consumer price index, which excludes volatile fresh food prices, fell 0.2% in seasonally adjusted terms over the previous month, which was below the flat reading recorded in August but in line with market expectations. Meanwhile, the so-called core-core inflation, which excludes fresh food and energy, followed the same pattern as core inflation and declined 0.2% over the previous month. Annual core inflation remained unchanged at August's 0.2% in September, matching market expectations. Inflation was stable as higher energy prices were offset by lower prices for furniture and household utensils as well as for culture. Meanwhile, annual overall inflation slowed from a 0.2% rise in August to a flat reading in September. The Bank of Japan's October Outlook for Economic Activity and Prices predicts inflation in the current fiscal year to average between minus 0.1% and plus 0.1% (July: between 0.5% and 0.8%) and between minus 0.1% and plus 0.3% in the next (July: between 0.4% and 0.8%).
Inflation dwindles to zero in September
October 28, 2011
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Japan Economic News
October 12, 2016
Core machinery orders (a leading indicator of capital spending over a three- to six-month period) declined for the first time in three months in August.
October 4, 2016
Consumer sentiment rose from August’s 42.0 to 43.0 in September.
October 3, 2016
According to the Bank of Japan’s quarterly TANKAN business survey, sentiment among large manufacturers was stable at 6 in Q3.
September 30, 2016
In August, the core consumer price index was flat compared to the previous month, which was above the 0.2% decline in July.
September 30, 2016
In August, industrial production expanded 1.5% over the previous month in seasonally-adjusted terms, which contrasted July’s 0.4% decrease (previously reported: 0.0% month-on-month).