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%.