Tokyo core inflation accelerates in August, nears BOJ target

Global Market: Tokyo core inflation accelerates, strengthening case for September BOJ rate hike

Tokyo’s core inflation accelerated for a third straight month in August, strengthening expectations that the Bank of Japan could raise interest rates in September. Core CPI rose 1.8% year-on-year, slightly above forecasts, while a measure excluding fresh food and fuel climbed to 2%, adding to rate-hike pressure.

Faster Tokyo inflation supports near-term BOJ rate hike case

The consumer price index excluding fresh food rose 1.8% in August from a year earlier, picking up a tad after rising 1.7% in July, the internal affairs ministry has said.

Two Measures Of Inflation: July 2026

Core PCE inflation reached 3.3% and core CPI inflation reached 2.5% in July.

Tokyo core inflation accelerates in August, nears BOJ target

TOKYO, Aug 28 : Core consumer prices in Tokyo rose 1.8 per cent in August from a year earlier, data showed on Friday, creeping up towards the central bank's 2 per cent target, in a sign of broadening price pressures from the Middle East conflict.The rise in the Tokyo core consumer price index (CPI), which exc

Japan’s Tokyo CPI inflation rises in August

The headline Tokyo Consumer Price Index (CPI) for August rose 1.9% YoY as compared to 1.8% in the previous month, the Statistics Bureau of Japan showed on Friday. Additionally, Tokyo CPI ex Fresh Food climbed 1.8% YoY in August against 1.7% expected and 1.7% in the prior month.  USD/JPY reaction to the Tokyo Consumer Price Index data As of writing, the USD/JPY pair is up 0.01% on the day at 159.35.  Inflation FAQs Inflation measures the rise i…