Japan data - Tokyo CPI -0.1% y/y, prior was 0.0%

Tokyo inflation data for July - Tokyo area CPI (national level CPI for the month follows in three weeks)

Tokyo CPI -0.1% y/y,

• expected 0.1%, prior was 0.0%

Tokyo CPI excluding Fresh Food 0.1% y/y,

• expected 0.0%, prior was 0.0%

Tokyo CPI excluding Food, Energy 0.0% y/y,

• expected 0.0%, prior was -0.1%

The Bank of Japan core CPI target is 2%. Not even close (hasn't been for years despite ongoing Bank of Japan easing).