Japan’s National inflation gauge remained muted and came in at 1.4% year-on-year as expected. Inflation ex food was 1.0% but with declining oil prices in November, the risks going forward are skewed to the downside, which might force the Bank of Japan to revise its policy outlook.
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(Almost) Daily Market News Update
- Published:
22 Nov 2018 -
Author:
Joachim Klement -
Pages:
5
Japan’s National inflation gauge remained muted and came in at 1.4% year-on-year as expected. Inflation ex food was 1.0% but with declining oil prices in November, the risks going forward are skewed to the downside, which might force the Bank of Japan to revise its policy outlook.