JPY: Core CPI to register a rise of 0.1% y-y - Nomura

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 27, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Delhi) – Yasuhiro Takahashi, Research Analyst at Nomura, expects the all-Japan core CPI for December 2015 to be up 0.1% y-y, as in November.

    Key Quotes

    “We also forecast all-Japan core core CPI inflation of +0.9% in December, unchanged from November. Tokyo ward-area core core CPI inflation, which is a useful reference, was unchanged in December from November and we expect the all-Japan core core figure to behave in a largely similar way. We also think that any changes in energy and core food prices were not large enough to have had a major impact on the core CPI.

    We forecast Tokyo ward-area core CPI inflation of +0.1% y-y in January 2016, as in December. For the Tokyo ward-area core core CPI, we forecast a y-y increase in January of +0.6%, also the same as in December, in view of the absence of reports of high-profile price increases during the month. There has been little change in energy and core food prices and we expect these items to have little impact on the core CPI.”
    For more information, read our latest forex news.

Share This Page

free forex signals