Japan: Core CPI - Exclude Fresh Food (YoY)

Macro

2026-06-19

Description

The Japan Core Consumer Price Index (Core-CPI) is released by the Statistics Bureau of Japan. This index measures the average price changes of goods and services purchased by households nationwide, excluding fresh food items that are subject to significant price fluctuations. It provides a clearer and more stable view of inflation trends. The Bank of Japan uses this index to set its 2% inflation target, ensuring that the Japanese economy grows while allowing the market to assess whether the economy is overheating and whether the Bank of Japan's monetary policy is appropriate.

Published by
Ministry of Internal Affairs and Communications (Choice)
Frequency
Monthly
Next Update
Hashtags

AI Data Insight

Japan's latest Q2 core CPI YoY growth reported at 1.4%, flat from the previous value but significantly lower than the market expectation of 1.7%, hitting a nearly four-year low. The cooling of inflation mainly benefited from the government's subsidy policies for energy and education. Although it relieves price pressures in the short term, medium-to-long-term imported inflation risks still keep the market focused on the BOJ's next moves.

AI Data Insight

Japan's latest Q2 core CPI YoY growth reported at 1.4%, flat from the previous value but significantly lower than the market expectation of 1.7%, hitting a nearly four-year low. The cooling of inflation mainly benefited from the government's subsidy policies for energy and education. Although it relieves price pressures in the short term, medium-to-long-term imported inflation risks still keep the market focused on the BOJ's next moves.

Description

The Japan Core Consumer Price Index (Core-CPI) is released by the Statistics Bureau of Japan. This index measures the average price changes of goods and services purchased by households nationwide, excluding fresh food items that are subject to significant price fluctuations. It provides a clearer and more stable view of inflation trends. The Bank of Japan uses this index to set its 2% inflation target, ensuring that the Japanese economy grows while allowing the market to assess whether the economy is overheating and whether the Bank of Japan's monetary policy is appropriate.

Published by
Ministry of Internal Affairs and Communications (Choice)
Frequency
Monthly
Next Update
Hashtags