Tokyo’s core CPI (ex-fresh food) slowed more than expected in June, coming in at 3.1% yoy versus 3.6% yoy in May and below forecasts of 3.4% yoy. The decline was largely driven by the resumption of fuel subsidies and temporary reductions in utility charges. Core-core CPI, which strips out both fresh food and energy, also […]The post Tokyo core inflation slows to 3.1% in June, but food costs still surging appeared first on Action Forex.