In Japan, in April, the key inflation indicator tacks on by 0.7%

In Japan, in April, the key inflation indicator tacks on by 0.7%

In April, consumer prices excluding fresh food in Japan, which is the major indicator of inflation, closely watched by the country's major financial institution, rallied by 0.7% in annual terms. That’s what the Ministry of Internal Affairs and Communications of this Asian country uncovered.

The jump speeded down from the March level of 0.9% and it appeared to be weaker than the experts had hoped for (0.8%).

The previous month the index excluding food and energy carriers speeded down to 0.4% from 0.5% in March.

Market experts pointed out that the Bank of Japan's 2% inflation objective is still out of reach now.

In April, the overall annual inflation rate in Japan accounted for 0.6%, diving from 1.1% in March.

Prices for food products in the country jumped the previous month by 0.7% compared to the same period a year earlier, fresh products sank 1.5%.

Besides this, clothing and footwear rallied by 0.1%, while everyday goods dived by 1.5%.

Experts note that the Bank of Japan is all geared up to proceed with adhering to the current policy, maintaining a negative interest rate on deposits and continuing to make large purchases of government securities. As for inflation data, it’s not so poor, which could push the Bank of Japan to increase its incentives.

Additionally, the rise in crude prices in recent years will most probably back inflation, as it contributes to the rise in the cost of gasoline and consumer goods, as the representative of the Japanese Ministry of Internal Affairs and Communications stressed.

Statistics, published earlier this week, pointed to the first dive in the Japanese economy since the end of 2015. In the first quarter of 2018 Japan's GDP slumped by 0.6% in annual terms after a 0.6% soar in the previous quarter.


US Inflation Jumped, Gold Keeps Rallying
US Inflation Jumped, Gold Keeps Rallying

EUR/USD has dropped sharply to the low unseen since July 2020. The reason was the higher-than-expected US inflation figures that shocked investors as the annual Inflation Rate rocketed to the 31-year high of 6.2%.

Latest news

Deposit with your local payment systems

Be on top of your game

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera