The typical/expected impact on JPY pairs is medium.
The consensus forecast for National CPI ex-Fresh Food (YoY) is 2%. A higher value than forecast tends to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
The most recent announced value for National CPI ex-Fresh Food (YoY) was 2.4% against a forecast of 2.4%.
Recent economic data has been moderately bullish for JPY. Other recent announcements which may affect the market's interpretation of the next National CPI ex-Fresh Food (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Adjusted Merchandise Trade Balance | Bullish change | ¥-0.21B | ¥0.46B | ||
| Exports (YoY) | Bullish change | 5.1% | 16.8% | ||
| Imports (YoY) | Bearish change | 5.2% | -2.5% | ||
| Merchandise Trade Balance Total | Bearish change | ¥105.7B | ¥-1B | ||
| Gross Domestic Product (QoQ) | Bullish change | -0.7% | 0.1% | ||
| Gross Domestic Product Annualized | Bullish change | -2.6% | 0.2% | ||
| Gross Domestic Product Deflator (YoY) | Bearish change | 3.5% | 3.4% | ||
| Current Account n.s.a. | Bullish change | ¥3.674B | ¥7288B | ||
| Labor Cash Earnings (YoY) | Bullish change | 1.7% | 2.4% |
| Country: | Japan |
|---|---|
| Currency: | JPY |
| Source: | Statistics Bureau of Japan |
| Category: | Inflation |
| Frequency: | Monthly |