Tokyo CPI % y/y
- expected 3.4%, prior +3.4%
CPI excluding fresh food 3.1% y/y
- expected 3.4%, prior 3.6%
CPY excluding fresh food & energy +3.1% y/y, the highest since January 2024
- expected 3.3%, prior 3.3%
While core consumer inflation in Tokyo slowed in June, its still way above the Bank of Japan 2% target. Most only expect further rate hikes in Japan from early 2026.
This article was written by Eamonn Sheridan at www.forexlive.com.