Tokyo inflation data for June - Tokyo area headline CPI 0.0% y/y

Author: Eamonn Sheridan | Category: News

Tokyo area CPI, all three measures reported t no change y/y ... i.e. 0.0% y/y

  • national-level CPI for the month follows in three weeks
  • is used as an indicator for what to expect of national CPI (a rough guide)
  • all three being unchanged is higher than the negative results reported in May 

Tokyo headline CPI 0.0% y/y
  • expected-0.3, prior -0.4

Tokyo CPI excluding Fresh Food 0.0% y/y
  • expected -0.1, prior -0.2
Tokyo CPI excluding Food, Energy 0.0% y/y  
  • expected -0.1, prior -0.1 
The Bank of Japan target for inflation (at the national level) is 2%. 
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