Tokyo area CPI (national level CPI for the month follows in three weeks).
Tokyo CPI -0.4% y/y,
expected 0.0%, prior was -0.4%
Tokyo CPI excluding Fresh Food 0.0% y/y,
expected -0.2%, prior was -0.3%
Tokyo CPI excluding Food, Energy -0.1% y/y,
expected 0.0%, prior was -0.4%
The Bank of Japan target for core inflation is 2%.
Evergreen Kuroda pic for when he sees the CPI so far below his target ... again:
