Japan inflation likely cooled in Feb on energy subsidy resumption

From channelnewsasia.com

Japan's core inflation likely decelerated in February from the previous month due to the resumption of energy subsidies, a Reuters poll showed, though the overall price trends will likely keep policymakers on track to raise rates again this year. The core consumer price index (CPI), which includes oil products but excludes fresh food prices, was expected to have risen 2.9 per cent in February from a year earlier, a poll of 18 economists showed on Friday. That figure compares with 3.2 per cent in January. "Although the growth in the price of oil products is expected to continue to accelerate, the impact of the ... (full story)