Japan data preview: February inflation might stage a drop – Capital Economics

FXStreet (Barcelona) - The Capital Economics Team previews the key data to be released in Japan in this week – February inflation, Retail sales and Jobless rate.

Key Quotes

“The February inflation data likely to be the centre of attention this week. We’ve pencilled in another drop in the Bank of Japan’s preferred inflation measure (excl. fresh food).”

“Meanwhile, a rebound in retail sales would probably generate positive commentary following January’s plunge, but this would mostly be due to the stabilisation in gasoline prices rather than a recovery in sales volumes.”

“Finally, the jobless rate should decline again following January’s abrupt jump.”