Bank of Japan (BoJ) Weighted Median Core CPI y/y

Country: Japan, JPY
Importance:
Medium
Sector: Prices
Last release
Actual
1.4%
Forecast
1.4%
Previous
1.7%
Next release
Actual
Coming in 5 days
Forecast
1.5%
Previous
1.4%
Date (GMT)
Reference
Actual
Forecast
Aug 2024
0.7%
1.0%
Jul 2024
1.1%
1.2%
Jun 2024
1.4%
1.0%
May 2024
1.3%
1.2%
Apr 2024
1.1%
1.4%
Mar 2024
1.3%
1.7%
Feb 2024
1.4%
1.9%
Jan 2024
1.9%
1.7%
Dec 2023
1.6%
1.8%
Nov 2023
1.7%
2.4%
Oct 2023
2.2%
2.2%
Sep 2023
2.0%
1.9%
Aug 2023
1.8%
1.7%
Jul 2023
1.6%
1.6%
Jun 2023
1.4%
1.4%
May 2023
1.4%
1.5%
Apr 2023
1.2%
1.3%
Mar 2023
1.0%
0.5%
Feb 2023
0.8%
1.4%
Jan 2023
1.1%
1.7%

BoJ Weighted Median Core CPI y/y reflects a weighted average percentage change in prices of goods and services, excluding food and energy prices, in the specified month compared to the same month of the previous year. Volatile food and energy prices are excluded from the calculation of the Core CPI. Additionally, weights are assigned to individual components in accordance with the household spending structure as of the base year 2015.

CPI growth against insufficient inflation can be seen as positive for JPY. However in recession, the rise in CPI may lead to a more severe economic downturn and fall in the national currency.

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