Asia-Pacific markets were mixed on Friday as investors digested Japan's consumer price index figures for June, reports CNBC.
The country's core inflation rate -- which strips out costs of fresh food -- came in at 3.3 per cent, in line with expectations of economists polled by Reuters, official data showed.
This is slightly higher than May's figure of 3.2 per cent, and also above the Bank of Japan's 2 per cent target. The country's headline inflation rate also came in at 3.3 per cent in June, up from May's figure of 3.2 per cent.
The Nikkei 225 fell 0.57 per cent to end at 32,304.25, but the Topix was marginally up as the inflation data comes ahead of the BOJ's closely watched meeting next week for its rate decision.
South Korea's Kospi rebounded and gained 0.37 per cent to close at 2,609.76 and the Kosdaq advanced 0.32 per cent to mark a nine day winning streak and reach its highest level since April 2022.
Separately, Australia's S&P/ASX 200 slid 0.15 per cent lower and finished at 7,313.9, dragged mainly by technology services stocks.
Hong Kong's Hang Seng index climbed 0.71 per cent in its final hour of trade. Mainland Chinese stocks also ended the day all in negative territory, with both the Shanghai Composite and the Shenzhen Component down marginally and closing at 3,167.74 and 10,810.18 respectively.
Overnight in the US, the Dow Jones Industrial Average jumped for a ninth straight day after better-than-expected earnings results from drug maker Johnson & Johnson. It was the Dow's best daily winning streak since 2017.
Despite this, the broader market suffered after post-earnings declines in trader favourites Netflix and Tesla. The S&P 500 slipped 0.68 per cent and the Nasdaq Composite tumbled 2.05 per cent.
