Japan Core Inflation Holds at 1.4%, Fuel Subsidies Continue to Suppress Price Pressures

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Japan’s core consumer inflation remained unchanged at 1.4% yoy in May, matching expectations and staying below the Bank of Japan’s 2% target for a fourth consecutive month. Headline CPI edged up from 1.4% yoy to 1.5% yoy. The closely watched core-core measure, which excludes both fresh food and energy, slowed from 1.9% yoy to 1.8% […]The post Japan Core Inflation Holds at 1.4%, Fuel Subsidies Continue to Suppress Price Pressures appeared first on ActionForex.