YoY Change in Consumer Price Index (CPI) Ex-Fresh Food in Tokyo Area
| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
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.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||