The core consumer price index for the Ku-area of Tokyo in Japan rose 3.3% yoy in February 2023, slowing from a 42-year high of 4.3% in January and matching market forecasts. Tokyo’s core inflation rate, a leading indicator for nationwide price trends, also surpassed the Bank of Japan’s 2% target for the ninth straight month, signaling that upward price movements in the country have not reached their peak yet. The trend keeps the central bank under pressure to abandon its yield curve control policy as BOJ Governor Kazuo Ueda steps in. Nationwide core consumer prices grew 4.2% yoy in January, accelerating at the fastest pace in 41 years as companies passed on higher costs to households. source: Statistics Bureau of Japan
Tokyo Core CPI in Japan averaged 86.80 points from 1970 until 2023, reaching an all time high of 104.20 points in January of 2023 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 March of 2023.