Tokyo CPI s.a., m/m shows changes in prices for goods and services purchased by households in the Tokyo region. The value reflects price changes from the consumer perspective.
Tokyo CPI is released before the national CPI, and provides for a preliminary assessment of inflation in the country. CPI growth against insufficient inflation can be seen as positive for JPY. However in recession, the rise in CPI may lead to a more severe economic downturn and fall in the national currency.