Japan: Core inflation stabilizes in September
October 27, 2017
In September, the core consumer price index was flat from the previous month in seasonally-adjusted terms, down from the 0.1% increase in the previous month.
Core inflation was stable at August’s 0.7% in September. The print undershot the 0.8% that market analysts had expected. Overall inflation came in at 0.7% in September, unchanged from August’s result.
Core prices for Tokyo—available one month in advance of the national figures and thus a leading indicator for countrywide inflation—rose 0.6% on an annual basis in October, up from September 0.5% increase and the highest reading in over two years.