Japan's Tokyo CPI: 0.6%, expected 0.8%

Joshua Gibson FXStreet

Japan's Tokyo CPI, the indicator used a way to suss out the national figures that publish at a later date, missed expectations to print at 0.6% as the Bank of Japan's struggle to breathe life into Japan's inflation figures continues to miss the mark. The BoJ's 2% target is beginning to look far over the horizon with Tokyo CPI missing the 0.8% expectation, slumping further back from the previous figures than anticipated, while unemployment continues to hold steady at 2.5%.

GMT	Event	Actual	Consensus	Previous
Thursday, Apr 26
23:30	JPY Unemployment Rate	2.5%	2.5%	2.5%
23:30	JPY Jobs/applicants ratio	1.59	1.59	1.58
23:30	JPY Tokyo CPI ex Fresh Food (YoY)	0.6%	0.8%	0.8%
23:30	JPY Tokyo Consumer Price Index (YoY)	0.5%	0.8%	1.0%
23:30	JPY Tokyo CPI ex Food, Energy (YoY)	0.3%	0.5%	0.5%

Author

Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

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