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20 March | Other

Japan. National CPI (YoY). The value of the indicator has decreased from 4% to 3.7%

AUDJPY
EURJPY
GBPJPY
USDJPY

A report on this calendar event is released monthly by the MIC.

The present indicator estimates the set price of consumer goods and services by calculating the price changes for these goods and services in relative terms over the reporting period. The indicator is important in determining inflation. An increase in index values may cause an increase in the country’s interest rates.

Comments by the MarketCheese analysts: a decrease of the indicator value may contribute to the fall in quotes of JPY.

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