Japan Tokyo Core Consumer Price Index (YoY) For September 2.5% Vs. 2.6% Est.; 2.8% Prior
Portfolio Pulse from Benzinga Newsdesk
Japan's Tokyo Core Consumer Price Index (YoY) for September was reported at 2.5%, lower than the estimated 2.6% and the prior 2.8%.
September 29, 2023 | 4:17 am
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NEGATIVE IMPACT
The lower than expected Tokyo Core CPI may impact BBJP, which tracks Japanese equities.
BBJP tracks Japanese equities. A lower than expected CPI indicates a slower economic growth which may negatively impact the performance of Japanese equities and hence BBJP.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The lower than expected Tokyo Core CPI may impact DXJ, an ETF that tracks dividend-paying companies in Japan.
DXJ tracks dividend-paying companies in Japan. A lower than expected CPI indicates a slower economic growth which may negatively impact the performance of these companies and hence DXJ.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The lower than expected Tokyo Core CPI may impact EWJ, an ETF that tracks the Japanese stock market.
EWJ tracks the Japanese stock market. A lower than expected CPI indicates a slower economic growth which may negatively impact the performance of the Japanese stock market and hence EWJ.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80