FX & CFD trading involves significant risk
Japan's Ministry of Internal Affairs and Communications released its inflation data on late Thursday evening. Japan's national consumer price index (CPI) rose to an annual rate of 0.3% in October from 0.0% in September. Analysts had expected the index to remain unchanged at 0.0%.
Japan's national CPI excluding fresh food remained unchanged at an annual rate of -0.1% in October, in line with expectations.
The decline was mainly driven by low energy prices.
Household spending in Japan fell 2.4% year-on-year in October, after a 0.4% decline in September, missing expectations of a 0.1% gain.
The unemployment rate dropped to 3.1% in October from 3.4% in September. Analysts had expected the index to remain unchanged at 3.4%.
The Bank of Japan released its own inflation figures. Japan's core national CPI climbed an annual rate of 1.2% in October. The central bank's calculation does not include fresh food products and energy, but it includes prices for imported food products.
|remaining time till the new event being published|