Japan inflation: National CPI eases to 3.2% YoY in August vs. 3.3% prior

According to the latest data released by the Japan Statistics Bureau on Friday, the National Consumer Price Index (CPI) for August came in at 3.2% YoY from 3.3% in July. 

Further details unveil that the National CPI ex Fresh Food improved from 3.0% in July to 3.1% in August, whereas the National CPI ex Food, Energy came in at 4.3% compared to 4.3% in previous readings.
 

Market reaction

Following the Japan inflation data, the USD/JPY pair is down 0.01% on the day at 147.57.

Japan National Consumer Price Index (YoY) declined to 3.2% in August from previous 3.3%

Japan National Consumer Price Index (YoY) declined to 3.2% in August from previous 3.3%
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USD/JPY twisting on the north side of 147.50, Japan CPI ticks lower to 3.2%

The USD/JPY is holding steady with a bullish lean for early Friday trading, teasing into the 147.650 region as the Japanese Yen (JPY) eases on softly-
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