JN Tokyo Core CPI y/y
Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to tighten monetary policy out of respect for their inflation containment mandate;
Tokyo is Japan's most populated city and releases CPI data a month ahead of National CPI. This early data is thought to be the most important consumer inflation release. The impact tends to be mild but varies from month to month;
- JN Tokyo Core CPI y/y Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Jan 30, 2025 | 2.5% | 2.5% | 2.4% |
Dec 26, 2024 | 2.4% | 2.5% | 2.2% |
Nov 28, 2024 | 2.2% | 2.0% | 1.8% |
Oct 24, 2024 | 1.8% | 1.7% | 2.0% |
Sep 26, 2024 | 2.0% | 2.0% | 2.4% |
Aug 29, 2024 | 2.4% | 2.2% | 2.2% |
Jul 25, 2024 | 2.2% | 2.2% | 2.1% |
Jun 27, 2024 | 2.1% | 2.0% | 1.9% |
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- JN Tokyo Core CPI y/y News
- From channelnewsasia.com|Jan 30, 2025
Core inflation in Japan's capital hit 2.5 per cent, marking the fastest annual pace in nearly a year, well exceeding the central bank's 2 per cent target and keeping alive market expectations for further interest rate hikes. The data released on Friday (Jan 31) follows the Bank of Japan's decision last week to raise interest rates to 0.5 per cent, the highest since the 2008 global financial crisis but still far below that of other major economies. The increase in the Tokyo core consumer price index (CPI), which excludes volatile ...
- From scotiabank.com|Jan 25, 2025
Welcome to tariff week. Or maybe it’s global central bank week. Or growth and inflation week. Or how about earnings week. If you think January has been exhausting—and I have some sympathy for that—then it’s not going to release its grip on you just yet as the final week of the month is jam-packed with expected developments. Developments that may fan enormous market volatility. Eight central banks will weigh in with their first decisions of the new year this week including the Federal Reserve, the ECB, the Bank of Canada, and several ...
- From channelnewsasia.com|Dec 26, 2024
Core inflation in Japan's capital accelerated in December as price pressures broadened, data showed on Friday, keeping alive market expectations for a near-term interest rate hike. The data will be among factors the Bank of Japan (BOJ) will scrutinise at its next policy meeting on Jan. 23-24, when some analysts expect it to hike short-term interest rates. The Tokyo core consumer price index (CPI), which excludes volatile fresh food costs, rose 2.4 per cent in December from a year earlier, compared with a median market forecast for a ...
- From xm.com|Nov 28, 2024
Core consumer inflation in Japan's capital accelerated in November and stayed above the central bank's 2% target in a sign of broadening price pressure, data showed on Friday, keeping alive market expectations for a near-term interest rate hike. The yen rose against the dollar after the data, as market players braced for the possibility the Bank of Japan (BOJ) will raise short-term interest rates from the current 0.25% at its next policy meeting in December. The Tokyo core consumer price index (CPI), which excludes volatile fresh ...
- From marctomarket.com|Nov 24, 2024
The dollar's Q4 rally continued last week. The Dollar Index has risen in the first eight weeks of the fourth quarter, gaining a little more than 7%. Half of the G10 currencies (the euro, the Swedish krona, the Norwegian and Danish krone, and New Zealand dollar) fell to new lows for the year last week. Part of the story is the paring of Fed cut speculation. The derivatives market no longer has even 50 bp of cut discounted between now and the middle of next year. The effective Fed funds rate at the end next year is seen near 3.90%. It ...
- From xm.com|Sep 20, 2024
The Swiss National Bank (SNB) will be the final major central bank to announce its policy decision in September. Like the Fed, there is a substantial degree of uncertainty around the size of the cut. Investors have priced in around a 60% probability of a 25-basis-point rate reduction, with the remaining odds being for a 50-bps move. Expectations for a larger cut have gained ground since the beginning of August when the Swiss franc spiked higher against the US dollar and euro. SNB chief Thomas Jordan, who will chair his last meeting ...
- From money.usnews.com|Aug 30, 2024
Core inflation in Japan's capital accelerated for a fourth straight month in August, data showed on Friday, tracking comfortably above the central bank's 2% target and backing market expectations of more interest rate hikes ahead. The Tokyo core consumer price index (CPI), which excludes volatile fresh food costs, rose 2.4% in August from a year earlier, faster than a median market forecast of 2.2% and the 2.2% gain in July. A separate index that strips away the effects of both fresh food and fuel costs, closely watched by the BOJ as ...
- From bnnbloomberg.ca|Jun 23, 2024
The Federal Reserve’s favored inflation yardsticks are poised to show the tamest monthly advances since late last year — a stepping stone for officials to begin lowering interest rates, possibly as soon as September. Economists expect no change in the May personal consumption expenditures price index and a minimal 0.1% gain in the core measure that excludes food and energy, based on median projections in a Bloomberg survey of economists. The report, due Friday, is also projected to show 2.6% annual advances in both the overall and ...
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Released on Dec 26, 2024 |
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Released on Sep 26, 2024 |
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Released on Jun 27, 2024 |
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