Japanese consumer prices rose 0.2 percent in September from a year earlier when stripping away the effect of energy and fresh food costs, an indicator released by the Bank of Japan showed on Friday.
That followed a 0.4 percent annual rise in the previous month.
The BOJ began publishing its own consumer price calculations in November 2015 to better understand the underlying price trend. The BOJ’s index strips away volatile fresh food and energy costs but includes processed and imported food prices.
Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.