Japan's Inflation Cools Despite Improving Growth, Leaving BoJ In No Rush To Tighten

ING Economic and Financial Analysis5.19K FollowersFollow5ShareSavePlay(5min)CommentsSummaryJapanese government measures helped to ease inflation, while industrial production and retail sales improved.The Bank of Japan is expected to maintain its normalisation process, but proceed cautiously with rate hikes.Today’s data support our view that GDP is expected to accelerate in 1Q26, driven by solid exports and consumption. blinow61/iStock via Getty Images By Min Joo Kang, Senior Economist, South Korea and Japan Core inflation continued to cool, falling below the BoJ’s target Japan’s core inflation, excluding fresh food, eased to 1.8% year-on-year in February (vs 2.0% in January, 1.7% market consensus). Government energy subsidy measuresThis article was written byING Economic and Financial Analysis5.19K FollowersFollowFrom Trump to trade, FX to Brexit, ING’s global economists have it covered. Go to ING.com/THINK to stay a step ahead. We’re sorry we can’t reply to individuals' comments.Content disclaimer: The information in the publication is not an investment recommendation and it is not investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.This publication has been prepared by ING solely for information purposes without regard to any particular user's investment objectives, financial situation, or means. For our full disclaimer please click here.