The Wall Street Journal have a piece up on the data from Japan earleir. Data is here:
Japan June 2025 CPI remains well above the Bank of Japan target rate, stillThe Journal is gated, but in brief:
Japan’s core consumer inflation slowed to 3.3% year-over-year in June, down from 3.7% in May and in line with economist expectations.
moderation was driven by a deceleration in energy prices, which rose 2.9%food prices (excluding fresh food) accelerated to 8.2%data offered some relief for the Bank of Japan, which remains cautious amid ongoing uncertainty around the global trade outlook.Despite elevated price levels, the BOJ is not expected to raise interest rates in the near term, particularly as policymakers weigh the potential economic fallout from recently announced U.S. tariffs. The central bank is set to update its inflation projections at its upcoming meeting later this month, but consensus among economists points to no change in policy for now.
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I posted a few minutes ago on the election in Japan this weekend. Cost of living pressure is a bit problem for the incumbent government.
Japan heads to the polls this weekend with markets watching fiscal signals This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about wall street journal optimistic take japan consumer inflation eases in relief for boj was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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