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MNI BRIEF: Japan Oct Tokyo Core CPI Rises 1.8% Vs. Sept 2.0%

Japan has published its latest Tokyo CPI result.

MNI (TOKYO) - The Tokyo core inflation rate slowed to 1.8% y/y in October from September’s 2.0% for the second straight deceleration and fell below the bank’s 2% target for the first time in five months, data from the Ministry of Internal Affairs and Communications showed on Friday.

The result was in line with market expectations. 

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MNI (TOKYO) - The Tokyo core inflation rate slowed to 1.8% y/y in October from September’s 2.0% for the second straight deceleration and fell below the bank’s 2% target for the first time in five months, data from the Ministry of Internal Affairs and Communications showed on Friday.

The result was in line with market expectations. 

Keep reading...Show less