Tokyo CPI +3.4% y/y
- expected 3.4%, prior +3.5%
CPI excluding fresh food 3.6% y/y, the highest since January 2023
- expected 3.5%, prior 3.4%
CPY excluding fresh food & energy +3.3% y/y, the highest since January 2024
- expected 3.2%, prior 3.1%
Both of the core measures are higher than expected and higher than the previous month.
Yen is getting a small bid on the solid inflation data.
This article was written by Eamonn Sheridan at www.forexlive.com.