Published: 2024-09-27T01:10:54.000Z
USD/JPY flows: September Tokyo CPI Tread Lower
FX Analyst
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Tokyo area September Headline inflation2.2% y/y
The Tokyo area September Headline CPI came in at estimate of 2.2% y/y down from 2.6% in August. Ex fresh food also tread lower from 2.4% to 2% y/y while ex fresh food and energy remain at 1.6%. It seems to suggest the strength in CPI may not be as sustainable as the BoJ sees.
USD/JPY is trading 0.46% higher at 145.45.