The core consumer price index for Ku-area of Tokyo in Japan jumped 2.3% to 102.1 points in July 2022 from a year ago, topping forecasts for a 2.2% increase and accelerating from a 2.1% rise in the previous month. The core CPI for Japan’s capital, a leading indicator of the nationwide price trend which includes energy items but excludes fresh food prices, also exceeded the Bank of Japan’s 2% inflation target for the second straight month. The BOJ has been raising its forecast for this year’s inflation rate but underscored the need to maintain massive stimulus until inflationary pressures were accompanied by wage rises and stronger demand. source: Statistics Bureau of Japan

Tokyo Core CPI in Japan averaged 86.62 points from 1970 until 2022, reaching an all time high of 102.30 points in September of 1997 and a record low of 30.80 points in January of 1970. This page includes a chart with historical data for Japan Tokyo Core CPI. Japan Tokyo Core CPI - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

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Japan Tokyo Core CPI



Related Last Previous Unit Reference
Inflation Rate 2.40 2.50 percent Jun 2022
Food Inflation 3.70 4.10 percent Jun 2022
Tokyo Core CPI 102.10 101.60 points Jul 2022
Tokyo CPI 102.30 101.80 points Jul 2022
CPI Transportation 92.90 92.80 points Jun 2022

Japan Tokyo Core CPI
In Tokyo, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes prices of fresh food.
Actual Previous Highest Lowest Dates Unit Frequency
102.10 101.60 102.30 30.80 1970 - 2022 points Monthly
2020=100, NSA

News Stream
Tokyo Core Inflation Tops Forecasts in July
The core consumer price index for Ku-area of Tokyo in Japan jumped 2.3% to 102.1 points in July 2022 from a year ago, topping forecasts for a 2.2% increase and accelerating from a 2.1% rise in the previous month. The core CPI for Japan’s capital, a leading indicator of the nationwide price trend which includes energy items but excludes fresh food prices, also exceeded the Bank of Japan’s 2% inflation target for the second straight month. The BOJ has been raising its forecast for this year’s inflation rate but underscored the need to maintain massive stimulus until inflationary pressures were accompanied by wage rises and stronger demand.
2022-07-29
Tokyo Core Inflation Hits 7-Year High in April
The core consumer price index for Ku-area of Tokyo in Japan rose 1.9% to 101.3 points in April 2022 from a year earlier, rising at its fastest pace since March 2015. The latest figure also followed a 0.8% rise in March and posted higher than consensus forecast for a 1.8% gain. The increase in inflation, driven mostly by food costs and the dissipating effect of past cellphone fee cuts, underscores a common view among economists that Japan will see price rises accelerate to the central bank's 2% target in coming months. Meanwhile, analysts noted that it may not keep accelerating further as the pace of the energy price inflation is slowing. The Bank of Japan last week raised its forecast for this year's inflation rate but kept its ultra-loose monetary policy unchanged, stressing its resolve to maintain massive stimulus until inflationary pressures were accompanied by wage rises and stronger demand.
2022-05-06
Tokyo Core Inflation Hits 2-Year High in March
The core consumer price index for Ku-area of Tokyo in Japan rose 0.8% to 100.8 points in March 2022 from a year earlier, rising at its fastest pace since December 2019 amid a relentless rally in energy and other commodity prices driven by the war in Ukraine. The latest figure also followed a 0.5% rise in February and posted higher than consensus forecast for a 0.7% gain. A 26.1% surge in energy prices, the fastest annual growth in 41 years, drove up the Tokyo core CPI for March. Prices also increased among a wide range of items from food to entertainment services. The inflation measure in Japan’s capital is considered a leading indicator of the nationwide core CPI that is released around a month later. Meanwhile, the Bank of Japan repeatedly stated the need to maintain ultra-easy policies to support Japan’s economic recovery, despite a commodity-driven rise in inflation.
2022-03-25