We had the Tokyo area December inflation data a couple of weeks ago, showing a subsiding headline rate:
- Tokyo headline CPI for December 2.4% y/y (prior 2.6%)
- underlying (core) rates also dribbled lower, with the core-core (excluding food and energy, which is closest to the US measure of core inflation) staying well above the Bank of Japan 2% target
The Bank of Japan next meet on January 22 and 23 (Monday and Tuesday next week) and are expected to leave their major policy planks (YCC and negative short term rates) unchanged.
- 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.
