Tokyo Core-Core CPI Hits 2% as September BoJ Hike Case Strengthens

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Tokyo inflation firmed in August, adding fresh support to case for another BoJ rate hike as soon as September. Headline CPI rose from 1.8% to 1.9% y/y, CPI excluding fresh food increased from 1.7% to 1.8%, while Core-Core CPI excluding fresh food and energy accelerated more clearly from 1.8% to 2.0%. That underlying measure now […]The post Tokyo Core-Core CPI Hits 2% as September BoJ Hike Case Strengthens appeared first on ActionForex.