YoY Change in Japan's National Consumer Price Index (CPI)
Japan| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The year-on-year change in the National Consumer Price Index (CPI) indicates how much prices of goods and services purchased by consumers in Japan have increased or decreased compared to the same month of the previous year. This data, published monthly by the Statistics Bureau of Japan, is crucial for assessing the overall inflation trend.
The year-on-year CPI data helps in understanding the extent of inflation. If CPI is increasing, it indicates rising inflationary pressures, which could potentially reduce consumers' purchasing power. Conversely, if CPI is decreasing, there is a risk of deflation, which might improve consumers' purchasing power.
This data serves as a key reference for policymakers to evaluate inflation trends and formulate appropriate monetary policies. For example, if CPI shows significant growth, the central bank may consider raising interest rates to curb inflation. Conversely, if CPI is decreasing, there may be a need to enhance economic stimulus measures. Additionally, this information is vital for businesses and investors to assess inflation trends and economic outlooks.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
