Economic calendar in Asia Friday, February 28, 2025 – Japan inflation indicator due

If you are all done trashing stocks, here is what’s on the data agenda here during the Asian session for Friday, February 28, 2025.

Tokyo CPI is the focus, I’ve a bit of an explainer on how this differs from the national CPI below the screenshot. The full national February data will be published in around three weeks. You’ll note the core rate, ie that for CPI excluding fresh food, is expected to have subsided a little from January, but remain above the Bank of Japan’s 2% target. While note shown in the screenshot expectations I have seen for the headline centre on 3.2%.

• This snapshot from the ForexLive economic data calendar, access it here.
• The times in the left-most column are GMT.
• The numbers in the right-most column are the ‘prior’ (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.

As background to the Tokyo area inflation data:

• 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.