Tokyo CPI come sin line with expectations, makes no impact ion the Yen

The Tokyo Consumer Price Index that is released by the Statistics Bureau has fallen in as follows:

• Japan Tokyo CPI (YoY) Jan: 4.4% (est 4.0%; prevR 3.9%).
• Tokyo CPI Ex-Fresh Food (YoY) Jan: 4.3% (est 4.2%; prevR 3.9%).
• Tokyo CPI Ex-Fresh Food, Energy (YoY) Jan: 3.0% (est 2.9%; prev 2.7%).

More to come...

About Tokyo CPI

The Tokyo Consumer Price Index is released by the Statistics Bureau and it's a measure of price movements obtained by comparison of the retail prices of a representative shopping basket of goods and services. The index captures inflation in Tokyo. CPI is the most significant way to measure changes in purchasing trends. The purchase power of JPY is dragged down by inflation. Generally a high reading is seen as positive.