Japanese inflation slowly but steadily advancing

FXStreet (Bali) - A bunch of Japanese indicators were published, including inflation, employment and household spending. Overall, the indicators suggests the Japan remains well on track to achieve its 2% inflation goal.

Key facts

- National Consumer Price Index (YoY) (May) was 3.7% vs 3.4% prior.

- National CPI Ex Food, Energy (YoY) (May) was 2.2% vs 2.3% prior.

- National CPI Ex-Fresh Food (YoY) (May) was 3.4% vs 3.2% prior.

- Tokyo Consumer Price Index (YoY) (June) was 3% vs 3.1% prior.

- Tokyo CPI ex Food, Energy (YoY) (June) was 2% vs 1.9% prior.

- Tokyo CPI ex Fresh Food (YoY) (June) was 2.8% vs 2.8% prior.

- Overall Household Spending (YoY) (May) was -8% vs -4.6% prior.

- Unemployment Rate (May) 3.5% vs 3.6% prior.

- Jobs/applicants ratio (May) 1.08 vs 1.08 prior.