Japan’s consumer price drop eases; weak demand restricts outlook

19.02.2021 - Evdokimov Roman
Japan’s consumer price drop eases; weak demand restricts outlook

Japan’s core consumer prices posted another month of decline, hitting their sixth straight month of weak records in January. However, their pacing came slower than usual, bringing in some relief for policymakers as the economy suffers from the coronavirus crisis.

Core consumer prices recorded an annualized 0.6% contraction in January, government data showed on Friday. The figure came milder than the 0.7% drop expected by markets, placing lower than the 1.0% decrease seen in December.

In the fourth quarter, Japan’s economy recovered above expectations. It gained more momentum as a rebound in overseas demand greatly supported exports and capital spending. However, the reimplementation of coronavirus-related measures in January dimmed the outlook, prompting policymakers to resolve the crisis without compromising the country’s recovery.


Risk disclaimer "PROMETHEUS LTD – Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH96960 is a financial services institution outside the European Union Area, which is subject to the supervision of the IFMRRC Certificate 0395 AA V0155 Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital. 70% of trading deals can be unprofitable. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. This Website may contain information in particular regarding financial services and products that could be regarded b a E.U. supervisory authority as an offer of financial services targeted in Europe. ESMA intervention measures do not apply to customers of PROMETHEUS LTD and it is your responsibility to choose a company which is most suitable for your trading needs. By clicking continue you confirm that you have read, understood and agree to the risk disclosures, terms of service, cash policies, privacy policies and this notice and that you are visiting this website on your own initiative, without any encouragement whatsoever from umarkets.ai or PROMETHEUS LTD." Cookies notification: We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we assume that you are happy with it. Read more. Continue

Help with deposit?