Tokyo CPI: Japan core inflation for Tokyo comes in at 0.8, under expected 0.9

Joshua Gibson FXStreet

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

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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