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3 Jul 2015
Japan CPI basis updating: Upward revision likely – Nomura
FXStreet (Barcelona) - With the calculation basis for Japanese CPI scheduled for updating in August 2016, Yasuhiro Takahashi, Research Analyst at Nomura, explains that CPI could be revised upwards instead of downward as in the past.
Key Quotes
“The calculation basis for the consumer price index (CPI) is scheduled for updating in August 2016. This planned basis updating is under the spotlight owing to the possibility that it could have a major impact on the Bank of Japan’s (BOJ’s) monetary policy. The market appears to be increasingly interested in whether this basis updating will be positive or negative for attainment of 2% inflation around FY16 H1, as targeted by the BOJ.”
“The calculation basis for the consumer price index (CPI) is scheduled for updating in August 2016. This planned basis updating is under the spotlight owing to the possibility that it could have a major impact on the Bank of Japan’s (BOJ’s) monetary policy. The market appears to be increasingly interested in whether this basis updating will be positive or negative for attainment of 2% inflation around FY16 H1, as targeted by the BOJ.”
“The calculation basis for the consumer price index (CPI) is scheduled for updating in August 2016. This planned basis updating is under the spotlight owing to the possibility that it could have a major impact on the Bank of Japan’s (BOJ’s) monetary policy. The market appears to be increasingly interested in whether this basis updating will be positive or negative for attainment of 2% inflation around FY16 H1, as targeted by the BOJ.”
“The calculation basis for the consumer price index (CPI) is scheduled for updating in August 2016. This planned basis updating is under the spotlight owing to the possibility that it could have a major impact on the Bank of Japan’s (BOJ’s) monetary policy. The market appears to be increasingly interested in whether this basis updating will be positive or negative for attainment of 2% inflation around FY16 H1, as targeted by the BOJ.”
Key Quotes
“The calculation basis for the consumer price index (CPI) is scheduled for updating in August 2016. This planned basis updating is under the spotlight owing to the possibility that it could have a major impact on the Bank of Japan’s (BOJ’s) monetary policy. The market appears to be increasingly interested in whether this basis updating will be positive or negative for attainment of 2% inflation around FY16 H1, as targeted by the BOJ.”
“The calculation basis for the consumer price index (CPI) is scheduled for updating in August 2016. This planned basis updating is under the spotlight owing to the possibility that it could have a major impact on the Bank of Japan’s (BOJ’s) monetary policy. The market appears to be increasingly interested in whether this basis updating will be positive or negative for attainment of 2% inflation around FY16 H1, as targeted by the BOJ.”
“The calculation basis for the consumer price index (CPI) is scheduled for updating in August 2016. This planned basis updating is under the spotlight owing to the possibility that it could have a major impact on the Bank of Japan’s (BOJ’s) monetary policy. The market appears to be increasingly interested in whether this basis updating will be positive or negative for attainment of 2% inflation around FY16 H1, as targeted by the BOJ.”
“The calculation basis for the consumer price index (CPI) is scheduled for updating in August 2016. This planned basis updating is under the spotlight owing to the possibility that it could have a major impact on the Bank of Japan’s (BOJ’s) monetary policy. The market appears to be increasingly interested in whether this basis updating will be positive or negative for attainment of 2% inflation around FY16 H1, as targeted by the BOJ.”