| Source | |
| Measures | Change in the price of goods and services purchased by consumers in Tokyo, excluding fresh food; |
| Usual Effect | 'Actual' greater than 'Forecast' is good for currency; |
| Frequency | Released monthly, usually on the last Friday of the current month; |
| Next Release | |
| FF Notes | Tokyo is Japan's most populated city and releases CPI data a month ahead of National CPI. This early data is thought to be the most important consumer inflation release. The impact tends to be mild but varies from month to month; |
Why Traders
Care | Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to tighten monetary policy out of respect for their inflation containment mandate; |
| Also Called | Tokyo CPI Ex Fresh Food; |
| Acro Expand | Consumer Price Index (CPI); |
