Japan's May consumer inflation tops BOJ target for 2nd straight month
Friday, June 24, 2022
© Reuters. FILE PHOTO: A man looks at a shop at the Ameyoko shopping district in Tokyo, Japan, May 20, 2022. REUTERS/Kim Kyung-Hoon By Kantaro Komiya and Leika Kihara
TOKYO (Reuters) - Japan's annual core consumer inflation topped the central bank's target for a second straight month in May, data showed on Friday, highlighting the intensifying pressure on the country's fragile economy from soaring global raw material costs.
The data challenges the Bank of Japan's view that the recent rise in prices is temporary, and doesn't warrant a withdrawal of monetary stimulus.
The nationwide core consumer price index (CPI), which excludes volatile fresh food but includes fuel costs, rose 2.1% in May from a year earlier, data showed, matching a median market forecast.
It stayed above the BOJ's 2% target for a second straight month, following a 2.1% rise in April.
The core-core CPI, which strips away both volatile food and fuel costs, was up 0.8% in May from a year earlier after climbing by the same pace in April.
Rising fuel and food prices, blamed on Russia's invasion of Ukraine and a weak yen that inflates the cost of imports, are expected to keep Japan's core consumer inflation above the BOJ's 2% target for most of this year, analysts say.
But there is little to cheer for the BOJ, which views such cost-push inflation as temporary and a risk to consumption, with households facing rising living costs and slow wage growth.
BOJ Governor Haruhiko Kuroda has repeatedly said the central bank will keep monetary policy ultra-loose until robust domestic demand and strong wage growth become key drivers of inflation.
Leave your comment
APPROVED BROKERS
27-06-2022 21:55:46 (UTC+7)
EUR/USD
1.0597
+0.0043 (+0.41%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (0)
EUR/USD
1.0597
+0.0043 (+0.41%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (0)
GBP/USD
1.2297
+0.0034 (+0.28%)
Summary
↑ BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (7)
Sell (3)
USD/JPY
135.21
+0.04 (+0.03%)
Summary
NeutralMoving Avg:
Buy (3)
Sell (9)
Indicators:
Buy (3)
Sell (3)
AUD/USD
0.6938
-0.0010 (-0.14%)
Summary
↑ BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (6)
Sell (1)
USD/CAD
1.2880
-0.0013 (-0.10%)
Summary
↑ SellMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (0)
Sell (7)
EUR/JPY
143.27
+0.62 (+0.43%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (0)
EUR/CHF
1.0141
+0.0032 (+0.32%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (9)
Sell (0)
Gold Futures
1,826.50
-3.80 (-0.21%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (7)
Silver Futures
21.360
+0.201 (+0.95%)
Summary
NeutralMoving Avg:
Buy (5)
Sell (7)
Indicators:
Buy (4)
Sell (2)
Copper Futures
3.7755
+0.0310 (+0.83%)
Summary
NeutralMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (4)
Sell (4)
Crude Oil WTI Futures
109.04
+1.42 (+1.32%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (1)
Brent Oil Futures
110.53
+1.43 (+1.31%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (1)
Natural Gas Futures
6.271
-0.010 (-0.16%)
Summary
SellMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (1)
Sell (6)
US Coffee C Futures
221.03
-2.22 (-0.99%)
Summary
↑ BuyMoving Avg:
Buy (7)
Sell (5)
Indicators:
Buy (9)
Sell (1)
Euro Stoxx 50
3,544.35
+11.18 (+0.32%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (0)
S&P 500
3,918.30
+6.56 (+0.17%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (9)
Sell (0)
DAX
13,193.24
+75.11 (+0.57%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (0)
FTSE 100
7,273.15
+64.34 (+0.89%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (10)
Sell (1)
Hang Seng
22,229.52
+510.46 (+2.35%)
Summary
↑ SellMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (0)
Sell (8)
US Small Cap 2000
1,775.10
+12.64 (+0.72%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (8)
Sell (0)
IBEX 35
8,252.66
+8.56 (+0.10%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (0)
BASF SE NA O.N.
42.800
+0.585 (+1.39%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (9)
Sell (0)
Bayer AG NA
59.51
+1.72 (+2.98%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (6)
Sell (2)
Allianz SE VNA O.N.
181.33
+0.13 (+0.07%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (0)
Adidas AG
171.92
+1.56 (+0.92%)
Summary
BuyMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (8)
Sell (1)
Deutsche Lufthansa AG
5.972
+0.006 (+0.10%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (8)
Siemens AG Class N
103.99
+1.37 (+1.34%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (8)
Sell (0)
Deutsche Bank AG
8.874
-0.045 (-0.50%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (8)
Sell (0)
| EUR/USD | 1.0597 | ↑ Buy | |||
| GBP/USD | 1.2297 | ↑ Buy | |||
| USD/JPY | 135.21 | Neutral | |||
| AUD/USD | 0.6938 | ↑ Buy | |||
| USD/CAD | 1.2880 | ↑ Sell | |||
| EUR/JPY | 143.27 | ↑ Buy | |||
| EUR/CHF | 1.0141 | ↑ Buy |
| Gold | 1,826.50 | ↑ Sell | |||
| Silver | 21.360 | Neutral | |||
| Copper | 3.7755 | Neutral | |||
| Crude Oil WTI | 109.04 | ↑ Buy | |||
| Brent Oil | 110.53 | ↑ Buy | |||
| Natural Gas | 6.271 | Sell | |||
| US Coffee C | 221.03 | ↑ Buy |
| Euro Stoxx 50 | 3,544.35 | ↑ Buy | |||
| S&P 500 | 3,918.30 | ↑ Buy | |||
| DAX | 13,193.24 | ↑ Buy | |||
| FTSE 100 | 7,273.15 | ↑ Buy | |||
| Hang Seng | 22,229.52 | ↑ Sell | |||
| Small Cap 2000 | 1,775.10 | ↑ Buy | |||
| IBEX 35 | 8,252.66 | ↑ Buy |
| BASF | 42.800 | ↑ Buy | |||
| Bayer | 59.51 | ↑ Buy | |||
| Allianz | 181.33 | ↑ Buy | |||
| Adidas | 171.92 | Buy | |||
| Lufthansa | 5.972 | ↑ Sell | |||
| Siemens AG | 103.99 | ↑ Buy | |||
| Deutsche Bank AG | 8.874 | ↑ Buy |
| Mua/Bán 1 chỉ SJC # So hôm qua # Chênh TG | |
|---|---|
| SJC Eximbank | 6,775 / 6,845 (15 / 5) # 1,667 |
| SJC HCM | 6,790 / 6,860 (5 / -5) # 1,683 |
| SJC Hanoi | 6,790/ 6,862 (5 / -5) # 1,685 |
| SJC Danang | 6,790/ 6,862 (5 / -5) # 1,685 |
| SJC Nhatrang | 6,790/ 6,862 (5 / -5) # 1,685 |
| SJC Cantho | 6,790/ 6,862 (5 / -5) # 1,685 |
| Cập nhật 27-06-2022 21:56:39 | |
| Xem lịch sử giá vàng SJC: nhấn đây! | |
| ↀ Giá vàng thế giới | ||
|---|---|---|
| $1,825.65 | -5.31 | -0.29% |
| ʘ Giá bán lẻ xăng dầu | ||
|---|---|---|
| Sản phẩm | Vùng 1 | Vùng 2 |
| RON 95-V | 33.470 | 34.130 |
| RON 95-III | 32.870 | 33.520 |
| E5 RON 92-II | 31.300 | 31.920 |
| DO 0.05S | 30.010 | 30.610 |
| DO 0,001S-V | 30.810 | 31.420 |
| Dầu hỏa 2-K | 28.780 | 29.350 |
| ↂ Giá dầu thô thế giới | |||
|---|---|---|---|
| WTI | $107.92 | -2.49 | -2.36% |
| Brent | $110.49 | -2.44 | -2.26% |
| $ Tỷ giá Vietcombank | ||
|---|---|---|
| Ngoại tệ | Mua vào | Bán ra |
| USD | 23.080,00 | 23.390,00 |
| EUR | 23.932,61 | 25.273,13 |
| GBP | 27.815,29 | 29.001,83 |
| JPY | 167,64 | 177,48 |
| KRW | 15,57 | 18,97 |
| Cập nhật lúc 18:53:21 27/06/2022 Xem bảng tỷ giá hối đoái | ||
