Tokyo area CPI, all three measures reported t no change y/y ... i.e. 0.0% y/y
- national-level CPI for the month follows in three weeks
- is used as an indicator for what to expect of national CPI (a rough guide)
- all three being unchanged is higher than the negative results reported in May
Tokyo headline CPI 0.0% y/y
expected-0.3, prior -0.4
Tokyo CPI excluding Fresh Food 0.0% y/y
- expected -0.1, prior -0.2
Tokyo CPI excluding Food, Energy 0.0% y/y
- expected -0.1, prior -0.1
The Bank of Japan target for inflation (at the national level) is 2%.