Japan: Solid services inflation backs BoJ stance – Societe Generale
Por FXStreet Insights Team
Data de Publicação: 20 Feb 2026 | Data de Modificação: 20 Feb 2026
ARTIGOS POPULARES
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.)
Mais de um milhão de usuários confiam na FXStreet para dados de mercado em tempo real, ferramentas de gráficos, insights de especialistas e notícias de Forex. Seu calendário econômico abrangente e webinars educacionais ajudam os traders a se manterem informados e tomarem decisões calculadas. A FXStreet conta com uma equipe de cerca de 60 profissionais, divididos entre a sede em Barcelona e diversas regiões globais.
Ler mais
