Tokyo headline CPI comes in at 1.5% with mixed results

Joshua Gibson FXStreet

Japan's Tokyo CPI reading came in largely as-expected, with the annualized headline inflation reading printing at 1.5%, in-line with median market forecasts and slightly improving over the last period's 1.3%.

Core inflation (CPI less fresh food prices) also hit the mark, holding steady across the board at 1%, but Japan's core-core CPI reading (CPI less fresh food, energies prices) slowed to 0.6%, missing the previous annualized period's 0.7%.

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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