Japan – underlying CPI firm
Headline inflation in Tokyo did fall in August, suggesting feed through from the sharp fall in goods PPI of recent months. But core inflation was stable at around 2.5%, and services PPI in July was also firm.
Headline inflation in Tokyo did fall in August, suggesting feed through from the sharp fall in goods PPI of recent months. But core inflation was stable at around 2.5%, and services PPI in July was also firm.