National-level CPI data for this month will follow in about three weeks, it takes longer to gather and collate the national data.
Tokyo CPI is a sub-index of the national CPI
It measures the change in prices of goods and services in the Tokyo metropolitan area
Its considered a leading indicator of national CPI trends because Tokyo is the largest city in Japan and is a major economic hub
Historically, Tokyo CPI data has been just slightly higher than national Japan CPI data. The cost of living in Tokyo is a touch higher than in most other parts of Japan. Higher rents, for example
This article was written by Eamonn Sheridan at www.forexlive.com.
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