Japan CPI core eased to 3.2% in May, but core-core surged to 42-yr high

<p>Japan CPI core eased from 3.5% yoy to 4.2% yoy in in May. CPI core (ex-fresh food) fell from 3.4% yoy to 3.2% yoy. CPI core has now stayed above BoJ’s 2% target for the 14th consecutive month. Meanwhile, CPI core-core (ex-fresh food and energy), jumped from 4.1% yoy to 4.3% yoy, the highest level […]</p>
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