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) declined to an annual rate of 0.0% in January from 0.2% in December, in line with expectations.
Inflation was mainly driven by declines in fuel and communication prices. Fuel prices slid 6.7% year-on-year in January, while communication prices declined 2.4%.
Japan's national CPI excluding fresh food fell to an annual rate of 0.0% in January from 0.1%, beating expectations for a drop to -0.2%.
The Bank of Japan's inflation target is 2%.
|remaining time till the new event being published|
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.