Japan's Inflation Slips to 2.3%

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headline inflation rate

CNBC

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Japan's October headline inflation rate falls, but economists still see BOJ rate hike on the table

Summary

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91% Informative

Japan 's headline inflation rate slipped to 2.3% in October , its lowest level since January and down from 2.5% seen in September .

Core inflation rate, which excludes fresh food prices, came in at 2.2% .

The central bank has long stated that its goal is a "virtuous cycle between wages and prices" A weak inflation reading could mean that the bank would still need to maintain an easy monetary policy stance.

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formal

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English

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not hateful