Japan’s Tokyo CPI hits expected 1% y/y, Unemployment ticks up to 2.4%

Japan’s Tokyo CPI, a key inflation reading for the Japanese economy, came in at expectations, with ‘core-core’ CPI (inflation less fresh food and energy prices) remains staunchly at 1% for the annualized period into November, but Japan’s Unemployment rate gave a surprise tick to the upside, coming in at 2.4% versus the expected 2.3%.

Key data