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BOJ SEES LOWER FEBRUARY CORE PRICE TRENDS INDICATORS COMPARED TO THE PREVIOUS MONTH

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The Bank of Japan's (BoJ) Research and Statistics Department released the following four measures of underlying inflation in line with the monthly release of the official CPI for Japan: the diffusion index of increasing/decreasing items, the trimmed mean, the mode, and the weighted median.

According to the BOJ's measures, the trimmed mean reading for core inflation arrived at 2.3% in February from 2.6% in January and was substantially lower than the peak of 3.4% in September last year


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