Japan inflation: National CPI eases to 3.2% YoY in August vs. 3.3% prior

Lallalit Srijandorn FXStreet

According to the latest data released by the Japan Statistics Bureau on Friday, the National Consumer Price Index (CPI) for August came in at 3.2% YoY from 3.3% in July.

Further details unveil that the National CPI ex Fresh Food improved from 3.0% in July to 3.1% in August, whereas the National CPI ex Food, Energy came in at 4.3% compared to 4.3% in previous readings.

Market reaction

Following the Japan inflation data, the USD/JPY pair is down 0.01% on the day at 147.57.

Author

Lallalit Srijandorn

FXStreet

Lallalit Srijandorn is a Parisian at heart. She has lived in France since 2019 and now becomes a digital entrepreneur based in Paris and Bangkok.

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