The typical/expected impact on JPY pairs is medium.
The consensus forecast for National CPI ex-Fresh Food (YoY) is 3%. 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 3% against a forecast of 3%.
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 | Bearish change | ¥74B | ¥62.9B | ||
| Exports (YoY) | Bullish change | 3.6% | 6.1% | ||
| Imports (YoY) | Bullish change | 0.7% | 1.3% | ||
| Merchandise Trade Balance Total | Bullish change | ¥-226.1B | ¥322.2B | ||
| Tankan Large All Industry Capex | Bullish change | 12.5% | 12.6% | ||
| Tankan Large Manufacturing Index | Bullish change | 14 | 15 | ||
| Tankan Large Manufacturing Outlook | Bullish change | 12 | 15 | ||
| Current Account n.s.a. | Bearish change | ¥4483.3B | ¥2834B | ||
| Gross Domestic Product (QoQ) | Bearish change | 0.5% | -0.6% | ||
| Gross Domestic Product Annualized | Bearish change | 2.1% | -2.3% | ||
| Gross Domestic Product Deflator (YoY) | Bullish change | 3.3% | 3.4% | ||
| Labor Cash Earnings (YoY) | Bullish change | 2.1% | 2.6% |
| Country: | Japan |
|---|---|
| Currency: | JPY |
| Source: | Statistics Bureau of Japan |
| Category: | Inflation |
| Frequency: | Monthly |