Economists expect Japan’s CPI to have ticked higher in July

August 16, 2024
-FCHFX

August 16, 2024 at 04:49AM
Reuters poll of economists show expectations for further rising inflation in Japan.

The next batch of CPI data from Japan is due on August 23

8.30am Tokyo time

2330 GMT on August 22

1930 US Eastern time on August 22

In brief:

Expectations from the survey are that core CPI is forecast to rise 2.7% y/y in July vs 2.6% in June

This would register inflation above the BOJ 2% target for the 28th straight month

End of energy subsidies likely boosted headline figure

Bank of Japan Governor Ueda

This article was written by Eamonn Sheridan at www.forexlive.com.

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