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 overall household spending change in Japan, and how did it compare to expectations?

What inflation rate does the Bank of Japan expect by next year?