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Japan Tokyo May CPI Unchanged; +1.9% 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, rose 1.9% in May, unchanged from last month.
  • Energy costs increased 22.3% y/y, decelerating from last 24.6% y/y increase.
  • Processed food prices edged up 2.5% y/y, quicker than last 2.3% y/y growth.
  • Prices for household durable goods increased 7.0% y/y, up from the previous 5.5% y/y increase.
  • The core-core CPI (excluding fresh food and energy) -- a key indicator of the underlying trend of inflation -- edged up 0.1% y/y in May, down from 0.4% y/y growth registered in April.
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  • The core consumer price index (excluding fresh food) in the Tokyo area, a leading indicator of the national average, rose 1.9% in May, unchanged from last month.
  • Energy costs increased 22.3% y/y, decelerating from last 24.6% y/y increase.
  • Processed food prices edged up 2.5% y/y, quicker than last 2.3% y/y growth.
  • Prices for household durable goods increased 7.0% y/y, up from the previous 5.5% y/y increase.
  • The core-core CPI (excluding fresh food and energy) -- a key indicator of the underlying trend of inflation -- edged up 0.1% y/y in May, down from 0.4% y/y growth registered in April.