Japan November inflation and household spending data - 26 Dec 2017

  • National CPI y/y +0.6% vs +0.5% expected
  • Prior +0.2%
  • National core CPI (ex-food and energy) y/y +0.3% vs +0.3% expected
  • Prior +0.2%
  • Tokyo CPI y/y +1.0% vs +0.6% expected
  • Prior +0.3%
  • Tokyo core CPI +0.4% vs +0.3% expected
  • Prior +0.2%
  • Overall household spending y/y +1.7% vs +0.5% expected
  • Prior 0.0%

Some decent headline numbers from Japan on a quiet day, though core inflation remains relatively subdued. Markets are relatively quiet today - as you'd expect, USD/JPY now at 113.29.

Hope everyone's enjoying their holidays! :)