According to the latest data published by the Statistics Bureau of Japan on Friday, the National Consumer Price Index (CPI) rose by 0.1% YoY in May versus +0.1% expected and +0.1% seen in April.
Japan's core consumer prices (ex-fresh food), a leading indicator of nationwide inflation, dropped 0.2% in May from a year earlier, missing expectations of -0.1%.
Meanwhile, the country’s core inflation figure (ex-food and energy) accelerated by 0.4% YoY in May vs. +0.2% expected and +0.2% last.
The spot, currently, adds 0.08% to trade at daily highs of 107.06.
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