National CPI ex-Fresh Food (YoY)

The National Consumer Price Index is released by the Statistics Bureau and it's a measure of price movements obtained by comparison of the retail prices of a representative shopping basket of goods and services excluding fresh food. CPI is the most significant way to measure changes in purchasing trends. The purchase power of JPY is dragged down by inflation. Generally a high reading is seen as positive for the JPY.

Next event - Thursday 21 November 2024 23:30

Previous
2.4%
Forecast
2.2%
Actual
-

The typical/expected impact on JPY pairs is medium.

The consensus forecast for National CPI ex-Fresh Food (YoY) is 2.2%. A higher value than forecast tends to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.

Most recent - Thursday 17 October 2024 23:30

Previous
2.8%
Forecast
2.3%
Actual
2.4%

Higher numbers than forecast tend to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.

Trading range

Forecast history

The most recent announced value for National CPI ex-Fresh Food (YoY) was 2.4% against a forecast of 2.3%.

Past events

Date
Forecast
Actual
Thursday 17 October 2024 23:30
2.3%
2.4%
Thursday 19 September 2024 23:30
2.8%
2.8%
Thursday 22 August 2024 23:30
2.7%
2.7%
Thursday 18 July 2024 23:30
2.7%
2.6%
Thursday 20 June 2024 23:30
2.6%
2.5%
Thursday 23 May 2024 23:30
2.2%
2.2%
Thursday 18 April 2024 23:30
2.7%
2.6%
Thursday 21 March 2024 23:30
2.8%
2.8%
Monday 26 February 2024 23:30
1.8%
2%
Thursday 18 January 2024 23:30
2.3%
2.3%
Thursday 21 December 2023 23:30
2.5%
2.5%
Thursday 23 November 2023 23:30
3%
2.9%
Thursday 19 October 2023 23:30
2.7%
2.8%
Thursday 21 September 2023 23:30
3%
3.1%
Thursday 17 August 2023 23:30
3.1%
3.1%
Thursday 20 July 2023 23:30
3.3%
3.3%
Thursday 22 June 2023 23:30
3.1%
3.2%
Thursday 18 May 2023 23:30
2.7%
3.4%
Thursday 20 April 2023 23:30
3.1%
3.1%
Thursday 23 March 2023 23:30
3.1%
3.1%
Thursday 23 February 2023 23:30
4.2%
4.2%
Thursday 19 January 2023 23:30
4%
4%
Thursday 22 December 2022 23:30
3.7%
3.7%
Thursday 17 November 2022 23:30
3.5%
3.6%
Thursday 20 October 2022 23:30
3%
3%
Monday 19 September 2022 23:30
2.7%
2.8%
Thursday 18 August 2022 23:30
2.4%
2.4%
Thursday 21 July 2022 23:30
2.2%
2.2%
Thursday 23 June 2022 23:30
2.1%
2.1%
Thursday 19 May 2022 23:30
2.1%
2.1%
Thursday 21 April 2022 23:30
0.8%
0.8%
Thursday 17 March 2022 23:30
0.6%
0.6%
Thursday 17 February 2022 23:30
0.3%
0.2%
Thursday 20 January 2022 23:30
0.6%
0.5%
Thursday 23 December 2021 23:30
0.4%
0.5%

Economic context

Recent economic data has been strongly bearish for JPY. Other recent announcements which may affect the market's interpretation of the next National CPI ex-Fresh Food (YoY) result:

PreviousLatest
Exports (YoY)Bullish change-1.7%3.1%
Imports (YoY)Bearish change1.8%0.4%
Merchandise Trade Balance TotalBearish change¥-294.1B¥-461.2B
Gross Domestic Product (QoQ)Bearish change0.5%0.2%
Gross Domestic Product AnnualizedBearish change2.2%0.9%
Gross Domestic Product Deflator (YoY)Bearish change3.2%2.6%
Current Account n.s.a.Bearish change¥3933.1B¥1717.1B

About National CPI ex-Fresh Food (YoY)

Country:Japan
Currency:JPY
Source:Statistics Bureau of Japan
Category:Inflation
Frequency:Monthly

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