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Japan's Core Inflation Likely to Slow to Low 1% Range -- Market Talk

Dow Jones03-19 16:57

0855 GMT - Japan's core consumer prices are expected to hover in the low 1% range through the end of the year, tempered by government inflation-relief measures, says SMBC Nikko Securities economist Junichi Makino. That will likely afford the BOJ some breathing room to examine the impact of the Middle East conflict thoroughly. "There appears to be little need for an immediate rate hike," Makino says. In 2026, the BOJ is expected to deliver a single rate hike--potentially in April or July--before moving into wait-and-see mode, he adds. (megumi.fujikawa@wsj.com)

 

(END) Dow Jones Newswires

March 19, 2026 04:57 ET (08:57 GMT)

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