金十数据|3月 26, 2026 08:18
[The Bank of Japan to Release New Monthly Inflation Indicators, Possibly Aiming to Justify Its Rate Hike Stance]
Jin10 News, March 26 – The Bank of Japan announced that starting this month, it will release indicator data for assessing core CPI on a monthly basis. The data will be published under the name 'Core CPI Reference Indicator' and will be released at 14:00 on the second working day following the official CPI announcement in Japan.
Investinglive analyst Justin Low stated that, in context, the Bank of Japan has faced considerable criticism recently due to Japan's inflation data becoming somewhat muddled. Japan's February core CPI annual rate has fallen below the critical 2% level, yet the Bank of Japan appears determined to continue implementing tight monetary policy. The Bank of Japan aims to provide evidence proving that underlying inflationary pressures remain strong. The bank believes that measures such as energy subsidies implemented by the Japanese government have artificially suppressed CPI data.
As a result, the 'Core CPI Reference Indicator' now being released by the Bank of Japan will serve as a 'denoised' interpretation of inflation figures. This is largely intended to demonstrate to the public and the market that they are still on the right track regarding monetary policy. If there is any notable difference, this could also be interpreted as a subtle resistance by the Bank of Japan to the government's stance. Japanese Prime Minister Sanae Takaichi hopes the Bank of Japan will maintain the current interest rates unchanged.
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