JPY National CPI (Y/Y)

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The National Consumer Price Index (CPI), released by the Statistics Bureau, measures the change in the price of goods and services from the perspective of the consumer. The CPI is a key indicator that measures inflation and changes in purchasing trends, therefore CPI figures are closely watched by the Bank of Japan. A rise of the Consumer Prices Index may determine the BoJ to increase interest rates in order to manage inflation and slow economic growth.