Japan's Core CPI Falls in March

The video discusses Japan's recent CPI data, highlighting a fall in prices contrary to economists' expectations. Core CPI, excluding fresh food and energy, showed a slight increase. Tokyo's CPI data aligns with estimates, while the jobless rate is lower than expected, indicating a tight labor market. Despite this, household spending has decreased significantly. The Bank of Japan's policy decision is anticipated, with a focus on achieving a 2% inflation target. The Japanese Yen's current value is also noted.

What was the unexpected change in Japan's CPI year on year?

• It fell by 1/10th of a percent.

• It increased by 1/10th of a percent.

• It increased by 3/10th of a percent.

• It remained flat.

How did the core CPI, excluding fresh food, change compared to economists' expectations?

• It increased by 3/10th of a percent.

• It increased by 2/10th of a percent.

• It fell by 3/10th of a percent.

• It remained unchanged.

What was the job-to-applicant ratio in Tokyo, and how did it compare to expectations?

• 1.3, lower than expected

• 1.2, lower than expected

• 1.3, higher than expected

• 1.2, higher than expected

What was the change in household spending, and how did it compare to expectations?

• Increased by 5.3%, exceeding expectations

• Fell by 5.3%, more than expected

• Remained flat, as expected

• Increased by 4.1%, as expected

What is the BOJ's inflation target for next year?

• 1%

• 1.5%

• 2%

• 2.5%