AI Data Insight
According to the latest data, Japan's core-core CPI (excluding fresh food and energy) for June 2026 (Q2 2026) reached 106.6, edging up from the previous reading of 106.5. Although the absolute value of the index hit a new high, market data shows its annual growth rate has dropped to 1.7%, remaining below the Bank of Japan's 2% target for the fifth consecutive month. The substantial easing of underlying inflation pressures will influence the BOJ's near-term monetary policy path.