22 Sep 2023
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.