Thursday , 21 November 2024
Home Forex Economic calendar in Asia Friday, October 25, 2024 – Japan inflation indicator (Tokyo CPI)
Forex

Economic calendar in Asia Friday, October 25, 2024 – Japan inflation indicator (Tokyo CPI)

Tokyo area inflation data is due Friday, Japan time:

  • 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

I’ve added in a missing ‘expected’, for the headline rate, and also a missing expected for the CSPI (services PPI) due 20 minutes later.

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.

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

USDJPY bounces off 100 bar MA on the 4-hour chart. Can the buyers keep the momentum?

The USD/JPY pair moved lower during the morning U.S. session but found...

More from Goolsbee: Feels like we are heading to 2% inflation

Feel like we're headed to 2% inflation.Neutral is a long way below...

USDCHF moves above converged 100 and 200 hour MAs and rockets higher

Earlier today, I posted:USDCHF: The USDCHF held resistance at the 100-hour moving...

Matt Gaetz withdraws name for Attorney General nomination

This article was written by Greg Michalowski at www.forexlive.com.