ECB Overnight Deposit Rate in Japan
Inflation rose to 3.5% in April (March: 3.2%), while core inflation rose to 3.4% (March: 3.1%). Our panelists see inflation dipping below the BoJ’s 2.0% target by Q4 2023, as last year’s spike in inflation was largely caused by cost-push factors. That said, recently higher-than-expected wage growth poses an upside risk.
Japan ECB Overnight Deposit Rate Chart
This chart displays ECB Overnight Deposit Rate (%, eop) for Japan from 2013 to 2022.
Japan ECB Overnight Deposit Rate Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| TONAR (%, eop) | -0.06 | -0.06 | -0.07 | -0.03 | -0.02 |