Market Commentary and Intraday News
Japan Core CPI -0.2% On Year In June
298 days ago
(RTTNews) - Core consumer prices in Japan were down 0.2 percent on year in June, the Ministry of Communications and Internal Affairs said on Friday. That missed forecasts for a flat reading following the 0.1 percent contraction in May.
Overall CPI also came in at -0.2 percent, similarly missing forecasts for a flat reading after collecting 0.2 percent in the previous month.
Core CPI in Tokyo - considered a leading indicator for the nationwide trend, dropped 0.6 percent on year in July - unchanged and in line with forecasts. Nationwide CPI plunged 0.8 percent on year in Tokyo, missing forecasts for a contraction of 0.6 percent, which also would have been unchanged.
For comments and feedback: contact firstname.lastname@example.org
Copyright(c) 2012 RTTNews.com. All Rights Reserved