Japan May National CPI Rises 1.5% YoY, Core CPI Meets Expectations
Japan's National Consumer Price Index rose 1.5% year-on-year in May, accelerating from 1.4% in April. Core CPI also increased in line with market expectations.
Japan's National Consumer Price Index (CPI) rose 1.5% year-on-year in May, according to data from the Japan Statistics Bureau. This marks a slight acceleration from the previous month's 1.4% increase.
Core CPI, which excludes fresh food prices, also climbed in line with market expectations.
The data may influence Bank of Japan policy considerations, as the central bank continues to assess inflation trends.
Source: FXStreet Forex News