Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
JapanJapan CPI Ex-Fresh Food YoY climbed to 0.8% in September 2013
FMPMonthlyReleased September 2013
Japan CPI Ex-Fresh Food YoY climbed to 0.8% in September 2013, up 0.1% from August's 0.7% reading. The print came in hotter than the 0.7% consensus, a hotter print than forecasters anticipated.
Latest Release
0.800000
Actual
0.700000
Consensus
0.700000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/JPY | ▼ Inverse | −0.50 | FOREX | Bullish JPY | → View |
| EUR/JPY | ▼ Inverse | −0.45 | FOREX | Bullish JPY | → View |
| Nikkei 225 | ▲ Direct | +0.45 | INDEX | Bullish JP | → View |
| GBP/JPY | ▼ Inverse | −0.40 | FOREX | Bullish JPY | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
CPI Ex-Fresh Food YoY (Japan) was reported at 0.8% in September 2013. This beat the market consensus of 0.7% by 0.1%. The reading rose from the previous value of 0.7%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/JPY (Bullish JPY). A secondary relationship exists with EUR/JPY, negatively correlated (Bullish JPY).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include CFTC JPY speculative net positions (Jun 19) and CFTC JPY speculative net positions (Jun 22).
Auto-generated from current model state · Refreshes on each release · Last update September 2013.
SHARE
CPI Ex-Fresh Food YoY - JP
Loading chart data...
About CPI Ex-Fresh Food YoY — Japan
DEFINITION
CPI Ex-Fresh Food YoY is a widely used financial indicator that measures the change in the overall price level of goods and services, excluding fresh food, over a 12-month period. It provides valuable insights into the inflationary pressures in an economy and is often used by policymakers and investors to make informed decisions. This indicator is considered a key measure of consumer price inflation and is closely monitored by analysts and economists.
WHY THIS INDICATOR MATTERS
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Sep 2013): actual 0.8 %, consensus 0.7 %.
WHAT'S NEXT
This indicator correlates most strongly with USD/JPY (Bullish JPY, r=-0.50) — a useful reference for forex-focused traders.