Inflation data due from Japan today

• 2330GMT National CPI y/y for August, expected is 0.8%, prior was 0.7%
• 2330GMT National CPI y/y excluding Fresh Food for August, expected is 0.7%, prior was 0.7%
• 2330GMT National CPI excluding Food, Energy y/y for August, expected is -0.1%, prior was -0.1%
• 2330GMT Tokyo CPI y/y for September, expected is 0.5%, prior was 0.5%
• 2330GMT Tokyo CPI excluding Fresh Food y/y for September, expected is 0.3%, prior was 0.4%
• 2330GMT Tokyo CPI excluding Food, Energy y/y for September, expected is -0.3%, prior was -0.4%

The BOJ and administration will be looking for inflation to continue positive and even perhaps creep a little higher.

Note there are ‘national’ and “Tokyo’ CPI figures. Data from the capital is collated more quickly than national data, so we get results from Tokyo for the current month as opposed to last month for Japan as a whole. The Tokyo data can be a leading indicator of national data.