Tokyo's July CPI rose 2.2% YoY, with core inflation at 1.5% YoY, both decreasing from the previous month.
Tokyo's consumer price index (CPI) rose 2.2% YoY in July, down from 2.3% in the previous month. Core inflation, excluding fresh food and energy, increased 1.5% YoY, a slowdown from the 1.8% rise in the previous month. These figures come ahead of the Bank of Japan's policy meeting, where market expectations of a near-term interest rate hike may be influenced by the moderating price trends.
July 26, 2024
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