Japan inflation – Tokyo area headline CPI for August 2.9% y/y (expected 2.5%)

Tokyo area August CPI (national level CPI for the month follows in three weeks)

  • Tokyo CPI 2.9% y/y, expected 2.5%, prior was 2.5%
  • Tokyo CPI excluding Fresh Food 2.6% y/y, expected 2.5%, prior was 2.3%
  • Tokyo CPI excluding Food, Energy 1.4% y/y, expected 1.2%, prior was 1.2% (this measure of Japanese inflation is closest to the US 'core’ CPI)

The capital city CPI is taken as an indication to the nationwide level. We’ll get the data for that in around 3 weeks time.

Ethan Andrews

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