Free Trial
UK

Week Ahead

GILTS

Gilt roll pace

UK

Recap of last week's events

HUNGARY

10Y Yield Testing its 50DMA

GILTS

Block roll trade

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
     TOKYO (MNI) - The annual consumer inflation rate in Tokyo, a leading
indicator of the national average, accelerated in September from August, driven
by higher energy and processed food prices, data from the Ministry of Internal
Affairs and Communications released Friday showed.
     The key points from the latest Tokyo CPI data:
     * The Tokyo core consumer price index (excluding fresh food) rose 1.0% on
year in September, coming in slightly firmer than the MNI median economist
forecast for +0.9%. It was the 15th straight y/y rise after +0.9% in August.
     * In the capital, processed food prices rose 1.1% on year in September
after +1.0% in August, pushing up the total CPI by 0.24 percentage point. The
contribution from this item was 0.02 point higher in September than in August.
     * The energy costs accelerated to +6.4% in September from +5.8% in August.
It contributed a positive 0.32 percentage point to the total CPI in September
and the contribution was 0.03 point higher than in August.
     * The September core CPI was also supported by a one-off technical factor.
Overseas holiday tours costs jumped 13.0% in September after rising 3.9% in
August.
     * The core-core CPI (excluding fresh food and energy) -- a key indicator of
the underlying trend of inflation -- rose 0.7% on year in September in Tokyo,
also accelerating from +0.6% in August.
--MNI Beijing Bureau; tel: +86 (10) 8532-5998; email: flora.guo@marketnews.com
--MNI Tokyo Bureau; tel: +81 90-4670-5309; email: max.sato@marketnews.com
[TOPICS: MAJDS$,M$A$$$,M$J$$$]

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.