Japanese inflationary pressures grow as unemployment rate increases

2019-04-26 09:07:00 GMT (Economies.com)
Japanese inflationary pressures grow as unemployment rate increases

The Japanese economy released the annual report of the Tokyo Consumer Price Index, which showed an accelerated growth to 1.4% from 0.9% in March, consistent with expectations of a 1.1% growth rate. The core annual reading of the same index, excluding the fresh food accelerated to 1.3% in growth from the previous reading and expectations at 1.1%. While the core annual reading excluding the fresh food and energy showed a growth acceleration of 0.9% compared to the previous reading and expectations of 0.7%.

 

This came in conjunction with the release of labor market data for the world's third-largest economy, which showed unemployment rising to 2.5% from 2.3% in the reading of February, worse than expectations of a 2.3% increase. To a stable new job offers to applicant ratio at 1.63, unchanged from February's expectations.

 
 
 
  Symbol Last Change Chg.%
1.1238
-0.0035
0.3096%
1.2485
-0.0090
0.7129%
16.105
0.887
5.829%
56.584
-3.748
6.212%
63.60
-0.06
0.09%
1421.705
6.210
0.439%
 
 
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