Tokyo headline inflation for July 0.6% vs. 0.3% expected

Japan Tokyo area inflation data for July

Tokyo CPI 0.6% y/y,

• expected 0.3%, prior was 0.3%

Tokyo CPI 0.4% y/y excluding Fresh Food,

• expected 0.1%, prior was 0.1%

Tokyo CPI excluding Food, Energy 0.6% y/y,

• expected 0.3%, prior was 0.4%

All three higher than expected, as unexpected results go this a surprising one!