Tokyo CPI: Japan core inflation for Tokyo comes in at 0.8, under expected 0.9
Today was mostly a miss for the Tokyo CPI figures out of Japan, which is used to anticipate what national figures could look like when they come later down the road, and results were mostly to the downside. The USD/JPY is largely unaffected on the release, but market sentiment could develop further into the day. The Japanese Unemployment Rate also came out better than expectations, but still ticking up slightly, printing at 2.5 percent, versus the forecast 2.6 percent and the previous reading of 2.4 percent.
Tokyo CPI
Tokyo Consumer Price Index: 1.0 percent actual, 1.8 percent forecast, 1.4 percent previous
Tokyo CPI (excl. fresh food): 0.8 percent actual, 0.9 percent forecast, 0.9 percent previous
Tokyo CPI (excl. food, energy): 0.5 percent actual, 0.5 percent forecast, 0.5 percent previous