Inflation in Tokyo eased further in February, with core CPI (ex-fresh food) falling to 1.8% yoy from 2.0% yoy. While slightly above market expectations of 1.7% yoy, the reading marks the third straight monthly slowdown and the lowest level since October 2024, slipping back under the BoJ’s 2% target. The primary driver was a sharp […]The post Subsidy effect pulls Tokyo core CPI down to 1.8%, but underlying inflation firms appeared first on ActionForex.