Japan’s National CPI rises 3.3% YoY in June, Core CPI climbs as expected
Japan’s National Consumer Price Index (CPI) rose by 3.3% YoY in June, compared to the previous reading of 3.5%, according to the latest data released by the Japan Statistics Bureau on Friday.
Further details unveil that the National CPI ex Fresh food arrived at 3.3% YoY in June versus 3.7% prior. The figure came in line with the market consensus.
CPI ex Fresh Food, Energy rose 3.4% YoY in June, compared to the previous reading of 3.3%.
Japan’s core consumer price index, which excludes fresh food but includes energy, rose 3.3% year-on-year in June 2025. This marked a slowdown for the first time since February, following a 3.7% increase in the previous month, and matched market forecasts.
It was also the softest pace since March, raising hopes that the Bank of Japan may ease monetary policy.
Source: Investing.com