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Japan data - Tokyo area headline CPI 3.5% y/y (expected 3.1%)

Tokyo CPI 3.5% y/y, expected 3.1%, prior was 3.3% Tokyo CPI excluding Fresh Food 3.5% y/y, expected 3.2%, prior was 3.2% Tokyo CPI excluding Food, Energy 3.8% y/y,expected 3.5%, prior 3.4%this measure of Japanese inflation is closest to the US 'core' CPIThese are high readings. The Bank of Japan keeps telling us they expect inflation to be transitory. That's what the Fed and others were saying too and it didn't work out so well. ---Coming later from Japan, the Bank of Japan decisio... Read More

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Posted: Apr 27 2023, 23:30

Author Name: forexlive

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