Japan CPI Preview: Forecasts from five major banks, inflation likely to moderate
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Japan will release December Consumer Price Index (CPI) data on Thursday, January 18 at 23:30 and as we get closer to the release time, here are the forecasts by the economists and researchers of five major banks regarding the upcoming Japanese inflation print.
Headline is expected at 2.5% year-on-year vs. 2.8% in November, core (ex-fresh food) is expected at 2.3% YoY vs. the prior release of 2.5%, and core ex-energy is expected to fall a tick tt 3.7% YoY vs. 3.8%. If so, core would be the lowest since June 2022 and nearing the 2% target.
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