Japanese CPI Rose More Than Estimates

The video discusses Japan's economic indicators, highlighting a 0.1% rise in core CPI, the lowest jobless rate in 23 years, and a high job-to-applicant ratio. Despite these positive signs, household spending has declined for 12 months, indicating a deflationary mindset. The BOJ is cautious, with discussions on potential rate hikes amid improving CPI data. Wage growth remains weak, challenging the creation of a 'virtuous circle' of rising wages and prices.

What was the percentage increase in core CPI in January?

• 0.1%

• 1.0%

• 2.0%

• 0.5%

What is the job-to-applicant ratio mentioned in the transcript?

• 1.23

• 1.43

• 1.63

• 1.83

What is the 'virtuous circle' that the Abbey government aims to achieve?

• Increasing exports and imports

• Rising wages and prices

• Decreasing taxes and inflation

• Increasing unemployment and spending

Why is Toyota hesitant to increase wages this year?

• Due to government regulations

• Due to high domestic demand

• Due to low inflation rates

• Due to uncertainty overseas

What is the potential trigger for a rate hike according to a BOJ board member?

• CPI reaching 1.5%

• CPI reaching 2%

• CPI reaching 0.5%

• CPI reaching 1%