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Underlying inflation in Tokyo hit a 40 year high in May - recap

The data for Tokyo CPI is here from earlier:Tokyo area CPI for May, headline 3.2% vs. 3.4% expectedReuters have a recap posted, in brief:Core consumer inflation in Japan's capital slowed in May but a key index stripping away the effect of fuel hit a four-decade high, underscoring broadening price pressure that may keep alive expectations of a withdrawal of ultra-loose monetary policy. data for Tokyo is seen as a leading indicator of nationwide trendsTokyo core consumer price index (CPI), which e... Read More

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Underlying

Inflation

Tokyo

Year

High

Recap

Forex

Posted: May 26 2023, 01:55

Author Name: forexlive

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