The purpose of this website is to be a place for learning and discussion. The website and each tutorial topics do not encourage anyone to participate in trading or investment of any kind.
Any information shown in any part of this website do not promise any movement, gains, or profit for any trader or non-trader.

.

Author Topic: Japan inflation cuts 12 months in a row, indicating the BOJ may relax its financ  (Read 447 times)

CRM

  • Guest
Japan inflation cuts 12 months in a row, indicating the BOJ may relax its finances for a long time.

Japan's Ministry of Home Affairs and Communications said today that The core consumer price index (CPI), which excludes volatile raw food prices, fell 0.2% in July from a year to year. However, the core CPI was partially driven by higher energy prices.

The core CPI fell for the 12th straight month, adding to the challenge for the Bank of Japan (BOJ) with its 2% inflation target. Japan is not likely to see inflation rise to the BOJ's target level, and this could lead to the BOJ's need for a longer period of preferential monetary easing.

Mobile phone service fees, the heavy price category in the baseline CPI, slumped 39.6 percent year-on-year in July. Japan's major operators have offered lower rates after heavy government pressure.

However, the rebound in energy prices has helped keep the core CPI from falling too much. The price of kerosene jumped 25.2 percent as crude oil prices rose. while gasoline prices rose 19.6 percent.



 

Related Topics

  Subject / Started by Replies Last post
0 Replies
1670 Views
Last post September 18, 2018, 01:27:24 PM
by ForexMan
0 Replies
1006 Views
Last post April 01, 2019, 12:01:24 PM
by Joseote203
6 Replies
6582 Views
Last post November 05, 2023, 03:18:12 AM
by Grelalt
0 Replies
842 Views
Last post September 13, 2021, 06:04:54 PM
by NadiaWits
0 Replies
61 Views
Last post September 17, 2024, 12:04:50 AM
by NadiaWits


-

Discussion Forum / 论坛 / منتدى للنقاش/ Diễn đàn thảo luận/

-
Disclaimer : The purpose of this website is to be a place for learning and discussion. The website and each tutorial topics do not encourage anyone to participate in trading or investment of any kind. Any information shown in any part of this website do not promise any movement, gains, or profit for any trader or non-trader.

By viewing any material or using the information within this site, you agree that it is general educational material whether it is about learning trading online or not and you will not hold anybody responsible for loss or damages resulting from the content provided here. It doesn't matter if this website contain a materials related to any trading. Investing in financial product is subject to market risk. Financial products, such as stock, forex, commodity, and cryptocurrency, are known to be very speculative and any investment or something related in them should done carefully, desirably with a good personal risk management.

Prices movement in the past and past performance of certain traders are by no means an assurance of future performance or any stock, forex, commodity, or cryptocurrency market movement. This website is for informative and discussion purpose in this website only. Whether newbie in trading, part-time traders, or full time traders. No one here can makes no warranties or guarantees in respect of the content, whether it is about the trading or not. Discussion content reflects the views of individual people only. The website bears no responsibility for the accuracy of forum member’s comments whether about learning forex online or not and will bear no responsibility or legal liability for discussion postings.

Any tutorial, opinions and comments presented on this website do not represent the opinions on who should buy, sell or hold particular investments, stock, forex currency pairs, commodity, or any products or courses. Everyone should conduct their own independent research before making any decision.

The publications herein do not take into account the investment objectives, financial situation or particular needs of any particular person. You should obtain individual trading advice based on your own particular circumstances before making an investment decision on the basis of information about trading and other matter on this website.

As a user, you should agree, through acceptance of these terms and conditions, that you should not use this forum to post any content which is abusive, vulgar, hateful, and harassing to any traders and non-traders.