The consumer price index for Ku-area of Tokyo in Japan, excluding those for food and energy, fell 0.7% to 99 points in January 2022 from a year earlier, declining further from a 0.3% drop in December. The Tokyo CPI ex food and energy also weakened faster than the consensus forecast of a 0.3% decrease, due largely to stagnating hotel prices. The slowdown in Tokyo inflation bolstered the Bank of Japan’s case for continued stimulus and reflected how different Japan is from other major economies, where surging prices forced central banks to dial back pandemic-era support. The BOJ has maintained a firm stance of keeping ultra-loose monetary policy to achieve its 2% price stability target. source: Statistics Bureau of Japan
Tokyo CPI Ex Food and Energy in Japan averaged 87.99 points from 1970 until 2022, reaching an all time high of 106.40 points in October of 1997 and a record low of 30.80 points in January of 1970. This page includes a chart with historical data for Japan Tokyo CPI Ex Food And Energy. Japan Tokyo CPI Ex Food And Energy - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.