In June, the core consumer price index, which excludes volatile fresh food prices, declined a seasonally adjusted 0.3% over the previous month, down from the flat reading recorded in May. As a result, annual core inflation edged down from 0.6% in May to 0.4% in June. Nevertheless, inflation remained in positive territory for the third straight month, mainly due to higher energy price. The June figure came in slightly below market expectations of a 0.5% rise. Meanwhile, so-called core core inflation index, which also excludes energy prices, remained flat in June over the previous month. Annual overall inflation inched down in June to 0.2%, which was slightly below the previous month's 0.3% and matched market expectations. Meanwhile, the Internal Affairs ministry announced a change in the base year, which will shift from 2005 to 2010 and will be seen in next month's result. The ministry will release revised CPI figures for the period between January and June using the new base year.
Inflation slows in June, but remains positive
July 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).