The core consumer price index for the Ku-area of Tokyo in Japan surged 3.6% to 103.6 points in November 2022, the fastest pace in 40 years amid broadening inflationary pressures due to high raw material costs and a weak yen. Tokyo’s core inflation rate, a leading indicator of nationwide price trends, also exceeded forecasts for a 3.5% rise and followed a 3.4% gain in October. It exceeded the Bank of Japan’s 2% target for the sixth straight month as businesses continued to pass on higher costs to consumers. Still, the BOJ is widely expected to maintain ultra-loose monetary policy despite rising inflation and a weakening yen as it sees external factors driving such trends, while domestic wage growth and consumption remain soft. source: Statistics Bureau of Japan

Tokyo Core CPI in Japan averaged 86.72 points from 1970 until 2022, reaching an all time high of 103.60 points in November of 2022 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 December of 2022.

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Japan Tokyo Core CPI



Calendar GMT Actual Previous Consensus TEForecast
2022-10-27 11:30 PM Oct 3.4% 2.8% 3.1% 3%
2022-11-24 11:30 PM Nov 3.6% 3.4% 3.5% 3.5%
2023-01-06 11:30 PM Dec


Related Last Previous Unit Reference
Inflation Rate 3.70 3.00 percent Oct 2022
Food Inflation 6.20 4.20 percent Oct 2022
Tokyo Core CPI 103.60 103.20 points Nov 2022
Tokyo CPI 103.80 103.50 points Nov 2022
CPI Transportation 94.20 94.10 points Oct 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
103.60 103.20 103.60 30.80 1970 - 2022 points Monthly
2020=100, NSA

News Stream
Tokyo Core Inflation Hits 40-Year High
The core consumer price index for the Ku-area of Tokyo in Japan surged 3.6% to 103.6 points in November 2022, the fastest pace in 40 years amid broadening inflationary pressures due to high raw material costs and a weak yen. Tokyo’s core inflation rate, a leading indicator of nationwide price trends, also exceeded forecasts for a 3.5% rise and followed a 3.4% gain in October. It exceeded the Bank of Japan’s 2% target for the sixth straight month as businesses continued to pass on higher costs to consumers. Still, the BOJ is widely expected to maintain ultra-loose monetary policy despite rising inflation and a weakening yen as it sees external factors driving such trends, while domestic wage growth and consumption remain soft.
2022-11-25
Tokyo Core Inflation Hits 33-Year High
The core consumer price index for the Ku-area of Tokyo in Japan surged 3.4% to 103.2 points in October 2022, accelerating at the fastest pace since 1989 as high raw material costs and a weak yen kept inflationary pressures elevated. Tokyo’s core inflation rate, a leading indicator of nationwide price trends, also exceeded forecasts for a 3.1% growth and followed a 2.8% gain in September. It exceeded the Bank of Japan’s 2% target for the fifth straight month as businesses continued to pass on higher costs to consumers. Still, the BOJ is widely expected to maintain ultra-loose monetary policy despite rising inflation and a weakening yen as it sees external factors driving such trends, while domestic wage growth and consumption remain soft.
2022-10-28
Tokyo Core Inflation Jumps to 8-Year High
The core consumer price index for the Ku-area of Tokyo in Japan jumped 2.8% to 102.7 points in September 2022 from a year earlier, accelerating at the fastest pace since 2014 as high raw material costs and a weak yen kept inflationary pressures elevated. Tokyo’s core inflation rate, a leading indicator of nationwide price trends, matched a consensus forecast and followed a 2.6% gain in August. It exceeded the Bank of Japan’s 2% target for the fourth straight month and could signal further acceleration for the whole country’s consumer prices in the coming months. Still, the BOJ is widely expected to maintain ultra-loose monetary policy despite rising inflation and a weakening yen as it sees external factors driving such trends, while domestic wage growth and consumption remain soft.
2022-10-04