Asian Economic Calendar: Key Events and Consensus Expectations for 26 January 2024

<p>AUD traders note – Australian financial markets are closed for a holiday today, Friday, 26 January 2024. </p><p>The focus of today's economic data agenda are inflation figures for Tokyo in January 2024. </p><ul><li>National-level CPI data for this month will follow in about three weeks, it takes longer to gather and collate the national data.</li><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><p>While the Bank of Japan will have a keen eye on the data they are mainly awaiting indications on wage rises at the upcoming Spring negotiations. </p><ul><li><a href="https://www.forexlive.com/centralbank/boj-announce-no-change-to-policy-as-expected-20240123/" target="_self">BOJ announce no change to policy, as expected</a></li></ul><ul><li>This snapshot from the ForexLive economic data calendar, <a href="https://www.forexlive.com/EconomicCalendar" target="_blank" title="Click here!">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.