Tokyo inflation data for March, headline inflation -0.2% y/y (vs. -0.2% expected)

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

Tokyo CPI -0.2% y/y

• expected -0.2%, prior was -0.3%

Tokyo CPI excluding Fresh Food -0.1% y/y

• expected -0.2%, prior was -0.3%

Tokyo CPI excluding Food, Energy 0.3% y/y

• expected 0.2%, prior was 0.2%

Regular reminder - the BOJ target for inflation is 2% (for core inflation) and its a long, long way off.