Free Trial

Japan Tokyo Inflation Accelerates to +4.0% Y/Y In December

JAPAN DATA
MNI (Singapore)
  • The core consumer price index (excluding fresh food) in the Tokyo area, a leading indicator of the national average, rose for the 17th month by 4.0% in December, faster than the 3.6% growth registered in November.
  • Energy costs increased 26.0% y/y in December, faster than the 24.4% y/y growth last month.
  • Processed food prices edged up 7.5% y/y, quicker than last 6.7% y/y growth.
  • Prices for household durable goods increased 11.0% y/y, down from the previous 11.5% y/y increase.
  • The core-core CPI (excluding fresh food and energy) -- a key indicator of the underlying trend of inflation -- edged up 2.7% y/y in December, following last 2.4% y/y growth.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.