Japan Inflation: Tokyo Consumer Price Index eases to 2.9% YoY in August vs. 3.0% expected, USD/JPY edges higher

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Japan Inflation: Tokyo Consumer Price Index eases to 2.9% YoY in August vs. 3.0% expected, USD/JPY edges higher
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Early Friday morning in Asia, the Statistics Bureau of Japan released monthly prints of the Tokyo Consumer Price Index (CPI) for August. That said, th

and it's a measure of price movements obtained by comparison of the retail prices of a representative shopping basket of goods and services. The index captures inflation in Tokyo. CPI is the most significant way to measure changes in purchasing trends. The purchase power of JPY is dragged down by inflation. Generally a high reading is seen as positive.Information on these pages contains forward-looking statements that involve risks and uncertainties.

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