Japan core inflation hits two year low as price pressures ease
Japan's core consumer inflation slowed to 2.0% in January, marking the lowest level in two years. This cooling trend may impact the timing of future rate hikes.
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Japan 
JP reported that its annual core consumer inflation slowed to 2.0% year-on-year in January, marking the slowest pace in two years and easing cost-push pressure across the economy. This reading for the core consumer price index (excluding fresh food) matches the Bank of Japan projection that core inflation would briefly fall below the 2% target due to a base effect. The slowdown arrives as a potential complication for the central bank's planned timing of further interest-rate increases.
JP reported that its annual core consumer inflation slowed to 2.0% year-on-year in January, marking the slowest pace in two years and easing cost-push pressure across the economy. This reading for the core consumer price index (excluding fresh food) matches the Bank of Japan projection that core inflation would briefly fall below the 2% target due to a base effect. The slowdown arrives as a potential complication for the central bank's planned timing of further interest-rate increases.
