Tokyo Headline CPI 3.1%y/y
Tokyo headline CPI has treaded lower at 3.1% y/y in June from 3.4% in May. With ex fresh food and ex fresh food & energy also at 3.1%, it does suggest a slight ease of inflationary pressure but still far above BOJ’s target at 2%.
USD/JPY is trading 0.23% higher at 144.68.
