Japan inflation rise 0.2%

Note: This section contains information in English only.
Source: Dukascopy Bank SA
"As it becomes evident that the Bank of Japan's inflation forecast is too optimistic, there will be more pressure on the BOJ to do more"
- Kiichi Murashima, chief economist at Citigroup Global Markets Japan Inc.

Japan's consumer prices gained 0.2 per cent in April from the previous year, said the Statistics Bureau on Friday.

"As it becomes evident that the Bank of Japan's inflation forecast is too optimistic, there will be more pressure on the BOJ to do more," Kiichi Murashima, chief economist at Citigroup Global Markets Japan Inc. said in Tokyo.

"For the economy to get out of deflation, a sustained rise in wages is probably necessary."

Japanese stocks closed mixed on Friday.

The Nikkei 225 increased 0.20%, or 17.01 points, to 8,580.39. The broader Topix slid 0.02%, or 0.14, to 722.11.

© Dukascopy Bank SA

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.