The 'core' measure (excluding food) is a touch lower at 2.2%, but above the 2% target for the 25th month in a row

  • 2.2% is the lowest for this since June of 2022 January 2024

'Core-core' (excluding food and energy, the closest to the US measure of core inflation) comes in at 2.4%. Solidly above 2% still.

Japan national cpi inflation april 2024 2

USD/JPY is little changed around 156.95.