Japan Tokyo CPI Core Weakens to 1.7% as Energy Subsidies Drag Inflation Lower

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Japan’s Tokyo CPI data for March showed further easing in inflation, with core CPI (ex-fresh food) slipping from 1.8% yoy to 1.7% yoy, below expectations of 1.8% yoy. The reading marks the lowest level since April 2024 and remains below the Bank of Japan’s 2% target for a second consecutive month. Underlying inflation also showed […]The post Japan Tokyo CPI Core Weakens to 1.7% as Energy Subsidies Drag Inflation Lower appeared first on ActionForex.