Japan: Solid services inflation backs BoJ stance – Societe Generale
Von FXStreet Insights Team
Veröffentlichungsdatum: 20 Feb 2026 | Änderungsdatum: 20 Feb 2026
BELIEBTE ARTIKEL
Societe Generale economists Reo Sakida and Jin Kenzaki review latest Japan inflation data, noting Headline at 1.5%, Core at 2.0% and Core-core at 2.6%.
Societe Generale economists Reo Sakida and Jin Kenzaki review latest Japan inflation data, noting Headline at 1.5%, Core at 2.0% and Core-core at 2.6%. They highlight that disinflation is mainly driven by non-fresh food and temporary gasoline tax cuts, while underlying service-sector inflation and price revision activity remain firm, supporting Bank of Japan policy normalization prospects.
Japan inflation mix supports BoJ normalization
"Disinflation was again driven mainly by non‑fresh food, lowering core inflation by 0.15pp."
"Headline inflation dipped below 2% for the first time since Mar‑22."
"Provisional tax cut on gasoline prices helped deceleration by 0.17pp."
"Nevertheless, underlying inflation conditions remain solid. The y/y distribution of service‑sector items remains elevated."
"In addition, service‑price revision activity for January was the most active since 2021, which suggests that the April service‑price revisions are likely to be a positive outcome for BoJ."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
Über eine Million Nutzer verlassen sich auf FXStreet für Echtzeit-Marktdaten, Charting-Tools, Experteneinblicke und Forex-News. Der umfassende Wirtschaftskalender und die Bildungs-Webinare helfen Tradern, informiert zu bleiben und fundierte Entscheidungen zu treffen. FXStreet wird von einem Team von rund 60 Fachleuten getragen, verteilt auf den Hauptsitz in Barcelona und verschiedene Regionen weltweit.
Weiterlesen
