Japan CPI measures how fast consumer prices are rising year-on-year, the key inflation gauge the Bank of Japan watches when setting interest rates.
Actual
2.9%
Forecast
2.9%
Previous
2.7%
Japan Inflation Rate (CPI) for Sep came in at 2.9% versus 2.9% expected (previous 2.7%), in line with forecast.
What it meant for the JPY
The actual landed in line with the 2.9% forecast. A reading above forecast is generally bullish for the JPY, and below forecast bearish.
New to this release? See what Japan Inflation Rate (CPI) measures, the next release and its full history.