Core Inflation in Tokyo Slows, Still on Track to Hit BOJ Goal

Core inflation in Japan’s capital slows in January

By Leika Kihara TOKYO, Jan 30 (Reuters) – Core consumer prices in Japan’s capital rose 2.0% in January from ‍a year earlier, data showed on Friday, slowing from the previous month but matching the central bank’s target. The increase in the Tokyo core consumer price index, which ‌excludes volatile costs of fresh ‌food, compared with a median market forecast for a 2.2% rise. It followed a 2.3% increase in December. A separate index for Tokyo ​that…

Core inflation in Tokyo slows, still on track to hit BOJ goal

Japanese Yen Weakens After Tokyo CPI; USD/JPY Near 154

The Japanese Yen (JPY) continues to trade on the back foot during Friday’s Asian session. Modest US Dollar (USD) buying, combined with lingering yen weakness, keeps the USD/JPY pair supported near the 154.00 level. Softer Tokyo inflation data has cooled expectations for an early interest rate hike by the Bank of Japan (BoJ). At the […] The post Japanese Yen remains under pressure after weak Tokyo CPI; USD/JPY rises toward 154.00 appeared first o…

Japan Tokyo CPI ex Fresh Food (YoY) below forecasts (2.2%) in January: Actual (2%)

Japan Tokyo CPI ex Fresh Food (YoY) below forecasts (2.2%) in January: Actual (2%)