If you are all done trashing stocks, here is what's on the data agenda here during the Asian session for Friday, February 28, 2025.
Tokyo CPI is the focus, I've a bit of an explainer on how this differs from the national CPI below the screenshot. The full national February data will be published in around three weeks. You'll note the core rate, ie that for CPI excluding fresh food, is expected to have subsided a little from January, but remain above the Bank of Japan's 2% target. While note shown in the screenshot expectations I have seen for the headline centre on 3.2%.
As background to the Tokyo area inflation data:
National-level CPI data for this month will follow in about three weeks, it takes longer to gather and collate the national data.Tokyo CPI is a sub-index of the national CPIIt measures the change in prices of goods and services in the Tokyo metropolitan areaIts considered a leading indicator of national CPI trends because Tokyo is the largest city in Japan and is a major economic hubHistorically, Tokyo CPI data has been just slightly higher than national Japan CPI data. The cost of living in Tokyo is a touch higher than in most other parts of Japan. Higher rents, for example This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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