Japan's national consumer price index (CPI) falls to an annual rate of 0.5% in May

Market news

26 June 2015

Japan's national consumer price index (CPI) falls to an annual rate of 0.5% in May

Japan's Ministry of Internal Affairs and Communications released its inflation data late Thursday. Japan's national consumer price index (CPI) fell to an annual rate of 0.5% in May from 0.6% in April. Japan's national CPI excluding fresh food declined to an annual rate of 0.1% in May from 0.3% in April, beating expectations for a flat reading.

Household spending in Japan jumped at annual rate of 4.8% in May, exceeding forecasts of a 3.4% increase, after a 1.3% fall in April.

Japan's unemployment rate remained unchanged at 3.3% in May, in line with expectations.

New Zealand's trade surplus climbs to NZ$350 million in May

Foreign exchange market. European session: the euro traded mixed against the U.S. dollar on the uncertainty over the debt talks between Greece and its creditors

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