August Inflation data coming up from Japan tomorrow
<p>High frequency, and timely, data from Japan tomorrow wth Tokyo area CPI for this month. </p><p>National-level CPI data for August will follow in about three weeks, it takes longer to gather and collate the national data.</p><ul><li>Tokyo CPI is a sub-index of the national CPI</li><li>It measures the change in prices of goods and services in the Tokyo metropolitan area</li><li>Its considered a leading indicator of national CPI trends because Tokyo is the largest city in Japan and is a major economic hub</li><li>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</li></ul><ul><li>
This
snapshot from the ForexLive economic data calendar, <a href="https://www.forexlive.com/EconomicCalendar">access
it here</a>.</li><li>
The
times in the left-most column are GMT. </li><li>
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.</li></ul>
This article was written by Eamonn Sheridan at www.forexlive.com.
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