Japan's core CPI in February may fall below the Bank of Japan's 2% target level

Golden Ten Data March 23 - Japan's core CPI is expected to fall below the Bank of Japan's 2% target level for the first time in nearly four years. According to economists surveyed by data provider Quick, government data to be released on Tuesday may show that consumer prices excluding fresh food rose by 1.7% year-on-year in February, compared to a 2.0% increase in January. This slowdown will give the central bank more time to consider its next tightening measures, as uncertainty in the Middle East continues to affect the economic outlook.