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Indonesia News Portal for Traders | Financial & Business Updates

29 August 2025 07:35  |

USD/JPY weakens below 147.00 after Tokyo CPI data

The USD/JPY pair fell to around 146.85 at the start of the Asian session on Friday (August 29th). The Japanese Yen (JPY) strengthened against the US Dollar (USD) following the release of the Tokyo Consumer Price Index (CPI) report for August. Following this, market attention shifted to the release of the US Personal Consumption Expenditures (PCE) Price Index for July, due later tonight.

Statistics Japan data showed that Tokyo's headline CPI rose 2.6% year-on-year in August, from 2.9% previously. Meanwhile, Tokyo's core CPI (excluding fresh food) slowed to 2.5% year-on-year from 2.9% in July, in line with market expectations.

As of August 29, 2025, Tokyo's core CPI (y/y) was recorded at 2.5%, in line with consensus. Tokyo's core-core CPI (excluding fresh food and energy)—which is closely monitored by the Bank of Japan (BoJ)—rose 3.0% year-on-year in August, up from 3.1% previously. (ayu)

Source: Newsmaker.id

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