June 28, 2024 00:35 GMT
Japan Tokyo Jun Core CPI +2.1% 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 2.1% increase in June, quicker from the 1.9% growth in May.
- Energy costs increased 7.5% y/y in June, improving from the 5.9% y/y rise last month.
- Processed food prices rose 3.0% y/y, down from the 3.2% y/y increase last month.
- Prices for household durable goods increased 7.8% y/y, accelerating from the previous 4.1% y/y increase.
- The core-core CPI (excluding fresh food and energy) -- a key indicator of the underlying trend of inflation -- rose 1.8% y/y in June, following last 1.7% y/y growth.
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