Japan – softer headline, firm core
Headline inflation has eased, but core excluding food and energy remains over 2%, and shows no sign of sequential deceleration. The BOJ is likely to continue to edge towards arguing that inflation is sustainable.
Headline inflation has eased, but core excluding food and energy remains over 2%, and shows no sign of sequential deceleration. The BOJ is likely to continue to edge towards arguing that inflation is sustainable.
