Japan's Tokyo CPI inflation eases to 2.9% YoY in February vs. 3.4% prior
The headline Tokyo Consumer Price Index (CPI) for February climbed 2.9% YoY as compared to 3.4% in the previous month, the Statistics Bureau of Japan showed on Friday. Meanwhile, the Tokyo CPI ex Fresh Food, Energy came in at 2.2% in February vs. 2.5% in January.
Additionally, Tokyo CPI ex Fresh Food rose 2.2% YoY in February against 2.3% expected and down from 2.5% in the prior month.
Market reaction to the Tokyo Consumer Price Index
As of writing, the USD/JPY pair was up 0.25% on the day at 150.05.
Source: FXstreet