Interesting:
- The University of Tokyo and Nikkei Digital Media will work together to provide daily consumer price index information
- The index will be based on the prices of some 200 goods, including food and commodities, at roughly 300 supermarkets across Japan
- It will cover 20% of the items used in the Ministry for Internal Affairs and Communications’ consumer price index
- The daily index will be released with a lag of two trading days, making it easier to grasp future trends
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This compares to official inflation data in Japan, which is released monthly.
I wonder if Bank of Japan (BOJ) Governor Kuroda will get a ticker installed so he can watch it each day?
