Japan inflation data for July (national) and August (Tokyo .... Tokyo CPI data is available a month earlier than the national figure)
National CPI y/y for July, -0.4% MISS
- expected is -0.4%, prior was -0.4%
National CPI y/y excluding Fresh Food for July, -0.5% MISS
- expected is -0.4%, prior was -0.4%
National CPI excluding Food, Energy y/y for July, +0.3% MISS
- expected is +0.4%, prior was +0.5%
Tokyo CPI y/y for August, -0.5% MISS
- expected is -0.4%, prior was -0.4%
Tokyo CPI excluding Fresh Food y/y for August, -0.4%
- expected is -0.4%, prior was -0.3%
Tokyo CPI excluding Food, Energy y/y for August, +0.1% MISS
- expected is +0.3%, prior was +0.4%
Plenty of below expected results in the inflation data. Kuroda is in Jackson Hole for the symposium this weekend. What's the bet he just quietly disappears after the conference never to be seen again - goes and lives in a back woods cabin somewhere?
A disappointing set of results for the BOJ and the Japanese administration. The Bank of Japan is doing a big 'assessment' of policy for their September meeting (20th and 21st). What's taken them so long?
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Coming up later today, due at 0500GMT, the Bank of Japan release their own measure of inflation ... National, excluding fresh food and energy (for July)
- expected +0.7% y/y, prior 0.7%
