In January, the core consumer price index, which excludes volatile fresh food prices, grew 0.1% in seasonally adjusted terms over the previous month, which was above December's flat reading. Annual core inflation, however, remained in negative territory for the fourth consecutive month at minus 0.1%, which mirrored the figure observed in December but overshot market expectations that had inflation at minus 0.2%. Meanwhile, annual overall inflation stepped up to 0.1% in January, which contrasted the minus 0.2% recorded in December and, in fact, represented the first positive reading in four months. Core consumer prices in Tokyo, which are available one month before the national figures and are considered a leading indicator for countrywide inflation, dropped 0.3% in February over the same month last year, after falling 0.4% in January.
Core inflation remains negative for a fourth month in a row
March 2, 2012
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Japan Economic News
October 24, 2016
The Nikkei Flash Manufacturing Purchasing Managers’ Index (PMI) rose from September’s revised 50.4 (previously reported: 50.3) to 51.7 in October.
October 24, 2016
In September, nominal exports valued in yen declined 6.9% from the same month last year, which followed August’s 9.6% decline.
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.