April 26, 2024 01:02 GMT
Japan Tokyo Apr Core CPI +1.6% Y/Y
JAPAN DATA
MNI (Singapore)
- The core consumer price index (excluding fresh food) in the Tokyo area, a leading indicator of the national average, registered a 1.6% increase in April, slower from the 2.4% growth in March.
- Energy costs decreased 2.9% y/y in April, narrowing from the 5.3% y/y drop last month.
- Processed food prices rose 3.2% y/y, lower than the previous 4.6% y/y increase.
- Prices for household durable goods decreased 3.8% y/y, dip further from the previous 1.1% y/y decrease.
- The core-core CPI (excluding fresh food and energy) -- a key indicator of the underlying trend of inflation -- rose 1.8% y/y in April, slower from last 2.9% y/y growth.
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