Tokyo CPI accelerates sharply to 2.7% in September; some say “food prices are not that strong” | Reuters

The story

According to the Ministry of Internal Affairs and Communications, the September core CPI for Tokyo’s 23 wards (all-items index excluding fresh food) rose 2.7% year on year.

It has been reported that the view is that this movement reflects the fading effect of policy measures that had been pushing prices down.

At a glance

Target statistic nameSeptember core CPI for Tokyo’s 23 wards (all-items index excluding fresh food)

Name of issuing bodyMinistry of Internal Affairs and Communications

Monthly data reference periodUp 2.7% year on year in September

Analysis of factorsThe downward effect of policy measures has faded

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