Japan CPI data is on the economic data agenda for the session here in Asia.
The July data for Tokyo showed very solid inflation indeed. The ‘core-core’, which is the closest to the US measure of core inflation hit 4%.
The inflation data for Tokyo is viewed as a reasonably good guide to the nationwide figures.
Earlier this week we got another inflation indicator Japan, also surging:
This
snapshot from the ForexLive economic data calendar, access
it here.
The
times in the left-most column are GMT.
The
numbers in the right-most column are the ‘prior’ (previous
month/quarter as the case may be) result. The number in the column
next to that, where there is a number, is the consensus median
expected.