27 May 2016
Japanese inflation goes from bad to worse
Japanese inflation numbers just went from bad to worse, with Tokyo May figuures all coming wore than the previos month, while the national CPI for April was also poor.
Key headlines
National CPI y/y for April came in at -0.3% y/y vs -0.4% expected and -0.1% last
National CPI y/y excluding Fresh Food for April came in at -0.3% y/y vs -0.4% expected and -0.3% last
National CPI excluding Food, Energy y/y for Apri stood at +0.7% y/y vs 0.7% expected and +0.7% last
Tokyo CPI y/y for May came at -0.5% y/y vs -0.5% expected and -0.4% last
Tokyo CPI excluding Fresh Food y/y for May was 0.5% vs -0.4% expected and -0.3% last
Tokyo CPI excluding Food, Energy y/y for May came at +0.5% vs 0.6% expected and 0.6% last