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Japan Inflation June 2019

Japan: Core inflation ticks down again in June

The core consumer price index fell 0.1% in month-on-month seasonally-adjusted terms in June, matching May’s reading.

Core inflation declined from 0.8% in May to 0.6% in June. The reading was in line with market analysts’ expectations. Therefore, inflation remained well below the Bank of Japan’s inflation target of 2.0%. Meanwhile, overall inflation was stable at May’s 0.7% in June

Core inflation in the Ku-area of Tokyo fell from 1.1% in May to 0.9% in June. Data for July will be released on 27 July.

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