March 29, 2024 00:56 GMT
Japan Tokyo Mar Core CPI +2.6% 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 2.6% increase in March, quicker from the 2.5% growth in February.
- Energy costs decreased 5.3% y/y in March, improving from the 7.9% y/y drop last month.
- Processed food prices rose 4.6% y/y, lower than the previous 5.0% y/y increase.
- Prices for household durable goods decreased 1.1% y/y, compared with the previous 0.7% y/y increase.
- The core-core CPI (excluding fresh food and energy) -- a key indicator of the underlying trend of inflation -- rose 2.9% y/y in March, slower from last 3.1% y/y growth.
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