JAPAN DATA: Japan Nov Core CPI +2.7% Y/Y; Energy Price +6.0% Y/Y

Dec-19 23:55
  • Japan's national average core consumer price index (excluding fresh food) rose 2.7% from the year earlier in November, fastened from the growth of 2.3% marked in October.
  • Energy rose 6.0% y/y, accelerating from the 2.3% y/y growth registered in the previous month.
  • The underlying inflation rate measured by the core-core CPI (excluding fresh food and energy) increased 2.4% y/y, picking up from the 2.3% growth last month.
  • Prices for ex-perishables rose 4.2% y/y, higher than the 3.8% y/y increase in October.
  • Prices for household spending rose 4.1% y/y, down from the 6.0% y/y increase reported last month, and prices for accommodation increase 8.0% y/y, up from the previous 7.7% rise.