Japanese inflation data is due imminently - consensus expectation is for a higher CPI ...Middle East

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Japanese inflation data is due imminently - consensus expectation is for a higher CPI
In brief:Expectations from the survey are that core CPI is forecast to rise 2.7% y/y in July vs 2.6% in JuneThis would register inflation above the BOJ 2% target for the 28th straight monthEnd of energy subsidies likely boosted headline figureI posted on this earlier this week but repeating it here.The data is due at the bottom of the hour. Later today we'll also get Bank of Japan Governor Ueda speaking. Reminder, Bank of Japan Governor Ueda will speak in Japan's parliament on Friday This article was written by Eamonn Sheridan at www.forexlive.com.

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