Japanese inflation: Mostly unchanged but overall Tokyo improves

FXStreet (Bali) - Japanese inflation data came mostly unchanged, with the national reading for December only seeing a slight correction lower on CPI Ex-Fresh Food (YoY) from 2.7% in Nov to 2.5% in Dec, while the Tokyo data (month of January) saw an increase in the overall CPI, but small decreases in CPI Ex-Fresh Food/Energy.

Main headlines

Japan National CPI Ex Food, Energy (YoY) unchanged at 2.1% in December

Japan Tokyo CPI ex Food, Energy (YoY): 1.7% (January) vs previous 1.8%

Japan National CPI Ex-Fresh Food (YoY) below expectations (2.6%) in December: Actual (2.5%)

Japan Tokyo CPI ex Fresh Food (YoY) meets forecasts (2.2%) in January

Japan Overall Household Spending (YoY) below expectations (-2.5%) in December: Actual (-3.4%)

Japan National Consumer Price Index (YoY) remains unchanged at 2.4% in December

Japan Tokyo Consumer Price Index (YoY) rose from previous 2.1% to 2.3% in January

Japan Unemployment Rate registered at 3.4%, below expectations (3.5%) in December