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Impact of past rises in import costs on Japan's inflation likely to dissipate - Faicy

News & Analyses

Impact of past rises in import costs on Japan’s inflation likely to dissipate


Bank of Japan (BoJ) Governor Kazuo Ueda said on Friday that the “impact of past rises in import costs on Japan’s inflation likely to dissipate.”

Additional quotes

Scheduled end to govt energy subsidies likely to also likely to affect inflation ahead.

Given annual wage talks outcome so far, trend inflation likely to gradually accelerate.

Market reaction

The USD/JPY pair was last seen trading at 151.20, down 0.09% so far.

 



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