Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

Japan government to release new consumer price index excluding fresh food, energy

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/27/2017 | 02:06am CET

TOKYO (Reuters) - Japan's government said on Friday it will begin releasing a new index on consumer prices that excludes the effect of volatile fresh food and energy costs.

The first new index, reporting January data, will be published on March 3.

The index, which covers the same type of goods and services as the Bank of Japan's index, would be useful in tracking consumer price trends as it excludes the effect of one-off factors that lead to temporary price fluctuations, the government said.

For monthly consumer price data, the government currently releases the overall consumer price index (CPI), the core CPI that excludes fresh food prices, and the "core-core" CPI that strips away the effect of all food and energy prices.

The new index - to be issued in addition to the government's existing ones - will include processed food prices.

It will be a good measurement of Japan's broad price trend, given the big impact processed food prices have on consumer inflation, the government said in a statement.

On Friday, the government said core CPI in December fell 0.2 percent from a year earlier, the smallest decline in nearly a year.

(Reporting by Leika Kihara; Editing by Richard Borsuk)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
02:56aBank of America takes aim at gun-making clients
RE
02:53aVenezuela's Maduro says to recover 70 percent of oil output decline
RE
02:07aPHILADELPHIA UNION : Steel FC Continues Winning Ways Against Syracuse
PU
01:31aUK DEPARTMENT FOR BUSINESS ENERGY & INDUSTRIAL ST : Transformational investment in off-road self-driving technology
PU
01:17aCROWE HORWATH LLP : Feb. 26Get a New Lease With CroweFeb. 26, 2018Feb. 26, 2018, Noon-1 p.m. Eastern
PU
02/24Fed Report Signals No Worries About Recent Market Volatility--Update
DJ
02/24Buffett says Berkshire can handle $400 billion mega-catastrophe
RE
02/24U S DEPARTMENT OF INTERIOR : Interior Provides More Than $300 Million in Conservation Funding for States & Tribes to Reclaim & Repurpose Abandoned Coal Mines
PU
02/24MFBF MONTANA FARM BUREAU FEDERATION : Young farmers and ranchers hone skills at national leadership conference
PU
02/24CARICOM CARIBBEAN COMMUNITY : Haiti gearing up to host CARICOM Heads
PU
Latest news "Economy & Forex"
Advertisement