Japanese CPI data day! The data is due at 2330GMT (not the 2350GMT that normally brings us Japanese data)
- National CPI y/y for July, expected is -0.4%, prior was -0.4%
- National CPI y/y excluding Fresh Food for July, expected is -0.4%, prior was -0.4%
- National CPI excluding Food, Energy y/y for July, expected is +0.4%, prior was +0.5%
- Tokyo CPI y/y for August, expected is -0.4%, prior was -0.4% (Tokyo CPI data is available a month earlier than the National CPI)
- Tokyo CPI excluding Fresh Food y/y for August, expected is -0.4%, prior was -0.3%
- Tokyo CPI excluding Food, Energy y/y for August, expected is +0.3%, prior was +0.4%
The Bank of Japan target for inflation is 2%, and as you can see, they are a long way from there.
At 0500GMT the Bank of Japan release their own measure of inflation, which is a national measure excluding fresh food and energy
- (July) expected +0.7% y/y, prior 0.7%
And ... tthat's it for the eco calendar from Asia this Friday. All eyes will be looking forward onto the Jackson Hole symposium. The agenda will be published by the Kansas City Federal Reserve (the event hosts) around 0000GMT, I'll post it as soon as I see it.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.