FXY - Japan's Tokyo Core CPI slows to 2.1% in December

2024-01-09 01:12:48 ET

• Tokyo’s core inflation rate, a leading indicator for nationwide price trends, slowed to 2.1% in December from 2.3% in November, as widely expected, but remained above the Bank of Japan’s 2% target for the 19th consecutive month.

• Tokyo’s headline inflation also slowed to 2.4% in December from 2.6% in November.

• ETFs: ( JEQ ), ( EWJ ), ( DXJ ), ( FXY ).

• Currency: ( USD:JPY )

• More on Japan economy:

  • Japan's factory output dips in November; retail sales surpass expectations

  • Japan's inflation rate continue to ease in November as food price hikes slow

  • Summary of opinions: Members of BOJ called for debate on future exit from easy policy

  • Bank of Japan maintains ultra-loose monetary policy; no change to dovish policy guidance

  • Japan Services PMI expands in December amid sharper growth in new business

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