Japan nationwide core CPI to rise +1.1% y/y in September - Barclays

The Barclays Research Team offers key insights on Friday’s Japanese inflation figures due to be reported at 2350 GMT.

Key Quotes:

“We estimate that the nationwide CPI ex-perishables (core) rose +1.1% y/y in September, reaching the 1% threshold for the first time since February 2018, on a boost from energy components, especially oil, and a faster rise in other items, led by overseas travel packages and apparel/footwear.”