Tokyo inflation data leads the release of national-level CPI for the month by three weeks
Tokyo CPI -0.5% y/y
- expected -0.3%, prior was -1.3%
Tokyo CPI excluding Fresh Food -0.4% y/y
- expected -0.6%, prior was -0.9%
Tokyo CPI excluding Food, Energy +0.2% y/y
- expected 0.0%, prior was -0.4%
That final one, ex food and energy is a core measure, and its not quite as weak as the above two. Still, a way, way below target result for the BOJ. Again.
Data out at the same time on the labour market ...
Japan Jobless (Unemployment) rate for December 2.9%
expected 3.0%, prior 2.9%
Job to applicant ratio for December 1.06
expected 1.05, prior 1.06
99 problems but unemployment ain't one.