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

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