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Tokyo area CPI for January kept on surging. USD/JPY hit lower still.

Tokyo area CPI for January kept on surging. USD/JPY hit lower still.

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By Eamonn Sheridan
27/01/2023 | 00:59 GMT

Data is here:

Recapping the inflation numbers from Tokyo in January:

Headline CPI

  • 17th consecutive y/y rise
  • highest since June 1981

Core CPI, that is excluding fresh food,

  • showed its 17th straight year-on-year rise
  • fastest in more than 41 years, since May 1981

Core-core CPI (excluding fresh food and energy) is used to show the underlying trend of inflation

  • 10th straight rise

USD/JPY update:

usdyen update tokyo cpi 3 27 January 2023

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