RSS Japan’s Tokyo CPI core rises to 2.4% in Dec, but core-core dips to 1.8%

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 RSS Japan’s Tokyo CPI core rises to 2.4% in Dec, but core-core dips to 1.8%

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Japan’s Tokyo core CPI (excluding food) rose from 2.2% yoy to 2.4% yoy in December, marking its highest level since August but falling short of expectations for 2.5%. The increase was largely driven by a 13.5% yoy surge in energy prices, reflecting the phase-out of government subsidies for gas and electricity bills. However, when excluding […]

The post Japan’s Tokyo CPI core rises to 2.4% in Dec, but core-core dips to 1.8% appeared first on Action Forex.
 
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