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29 May 2020
Tokyo area May Core CPI +0.2% YoY smashes estimates of ‐0.2%
Tokyo area may core CPI+0.2% year/year - govt (reuters poll: ‐0.2%)
28-may-2020 17:30:13 - tokyo area may overall cpi +0.4% yr/yr - govt
28-may-2020 17:30:17 - tokyo area may cpi excluding fresh food, energy prices +0.5% yr/yr - govt
More to come..
Description of Tokyo Consumer Price
The Tokyo Consumer Price Index released by the Statistics Bureau is a measure of price movements obtained by comparison of the retail prices of a representative shopping basket of goods and services, excluding fresh food. The index captures inflation in Tokyo. The purchase power of JPY is dragged down by inflation. Generally a high reading is seen as positive for the JPY.