Japan data - Tokyo area headline CPI in March 3.3% y/y (expected 3.2%)

Tokyo area headline CPI Headline CPI The headline Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by consumers for a basket of goods and services. Headline CPI is a term that traders use to avoid confusion with core CPI, which strips out the volatile prices changes of food and energy. It is a widely used measure of inflation, and is calculated and published by statistical agencies, such as Statistics Canada and the Bureau of Labor Statistics (BLS) in the United States.The basket of goods The headline Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by consumers for a basket of goods and services. Headline CPI is a term that traders use to avoid confusion with core CPI, which strips out the volatile prices changes of food and energy. It is a widely used measure of inflation, and is calculated and published by statistical agencies, such as Statistics Canada and the Bureau of Labor Statistics (BLS) in the United States.The basket of goods Read this Term in March 3.3% y/y

• expected 3.2%, prior 3.4%

Tokyo CPI excluding Fresh Food 3.2% y/y,

• expected 3.1%, prior was 3.3%

Tokyo CPI excluding Food, Energy 3.4% y/y,

• expected 3.2%, prior was 3.1% (this measure of Japanese inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term is closest to the US 'core' CPI)

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National level CPI data for March will follow in about three weeks, it takes longer to gather and collate the national data.

• Tokyo CPI is a sub-index of the national CPI It measures the change in prices of goods and services in the Tokyo metropolitan area
• Its considered a leading indicator of national CPI trends because Tokyo is the largest city in Japan and is a major economic hub
• Historically, Tokyo CPI data has been just slightly higher than national Japan CPI data. The cost of living in Tokyo is a touch higher than in most other parts of Japan. Higher rents, for example

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Incoming Bank of Japan Governor Ueda