**As seen in Online Tools > Inflation Monitor, get access now! cablefxm.co.uk
Our inflation monitor shows the difference between actual inflation (central bank's preferred metric) and the respective central bank's target. In this ranking, Japan overshoots the most in the G10.
We have seen the rest of the world prices easing or consolidating, however, Japan's consumer prices have accelerated in recent months, the January reading printed at 4.0% Y/y. Even BoJ officials have been vocal about this, which is remarkable if you have been around for a while.
On the other side of the scale, Switzerland holds the largest undershoot, with prices ticking at 0.4%. Also, economists forecast Swiss inflation to accelerate at the slowest pace in the G10 this year.

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