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YoY Change in Consumer Price Index (CPI) Ex-Fresh Food in Tokyo Area

Country:
JPYJapan
Importance:
★★
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About YoY Change in Consumer Price Index (CPI) Ex-Fresh Food in Tokyo Area

The year-on-year change in the Consumer Price Index (CPI, excluding fresh food) for the Tokyo metropolitan area indicates how much the prices of goods and services purchased by consumers in the Tokyo metropolitan area have increased or decreased in a specific month compared to the same month of the previous year. This data is released monthly by the Statistics Bureau of the Ministry of Internal Affairs and Communications and is crucial for evaluating inflation trends.

Year-on-year data helps understand the extent of inflation. If the CPI is increasing, it suggests rising inflationary pressures, which may reduce consumers' purchasing power. Conversely, if the CPI is decreasing, it suggests a risk of deflation, which may increase consumers' purchasing power.

This data serves as a reference for policymakers to evaluate inflation trends and formulate appropriate monetary policies. Additionally, it is an important source of information for businesses and investors to understand inflation trends and develop economic outlooks.

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