# Japan’s trend inflation index hits 3-year high - Business Recorder

> Japan's core consumer price index, which excludes one-off factors, rose 3.2% year on year in September, the fastest pace in three years and up from 2.6% in August. The Bank of Japan is expected to hold rates at 1.25% at its policy meeting while signaling readiness for further hikes.

- Date: 2026-10-31 · published 2026-11-01T06:10:35.048Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/4259-japan-s-trend-inflation-index-hits-3-year-high-business-recorder
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Rising Japanese inflation and expected rate hikes support the yen and reflect stronger domestic demand, which has little direct effect on feed grain prices. The mechanism for feed buyers runs through currency moves rather than through food demand.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40446825

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.