Tokyo CPI Ex. Fresh Food & Energy YY (Feb) 2.5% vs Exp. 2.3% (Prev. 2.4%)
Newsquawk Staff ·
Tokyo CPI Ex. Fresh Food & Energy YY (Feb) 2.5% vs Exp. 2.3% (Prev. 2.4%)
What it means
Tokyo's CPI Excluding Fresh Food and Energy rose 2.5% in February, beating expectations of 2.3% and slightly up from the previous 2.4%. This stronger-than-expected inflation print could strengthen the case for continued monetary tightening by the Bank of Japan, potentially impacting interest rate expectations and the yen's performance as markets reassess the growth-inflation outlook.
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