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Published: 2025-04-25T02:21:09.000Z

USD/JPY flows: Tokyo CPI Hot

byCephas Kin Long Yung

FX Analyst
2

Japan April Tokyo CPI Above 3%

The Japan April Tokyo CPI rose above 3% with headline at 3.5% y/y, with ex fresh food at 3.4% and ex fresh food & energy at 2% y/y. It is a jump from March and suggest the inflation picture remains choppy in Japan. The BoJ maybe caught between the rock and a hard place where they see hotter inflation and economic development negatively affected by the U.S. tariffs.

USD/JPY is trading 0.26% higher at 142.93.

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Topics
Foreign Exchange
FX DM
Flows
USD/JPY-Commentary

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