Tokyo CPI 0.3% y/y (vs. expected 0.6%, prior 0.6%)

Tokyo inflation data for August

• national level CPI for the month follows in three weeks

Tokyo CPI 0.3% y/y,

• expected 0.6%, prior 0.6%

Tokyo CPI -0.3% y/y excluding Fresh Food,

• expected 0.3%, prior was 0.4%

Tokyo CPI excluding Food, Energy -0.1% y/y,

• expected 0.4%, prior was 0.6%

The Bank of Japan is well accustomed to being bitterly disappointed by inflation falling well short of its target of 2%. Today's will be added to that long list.