Japan Tokyo area inflation for May data for May arrived as follows: • Headline is 1.1% year on year (expected 1.0%). • Tokyo area inflation data comes out 3 weeks ahead of the nationwide figure. • Tokyo CPI 1.1% y/y vs the expected 1.0%, prior was 1.1%. • Tokyo CPI excluding Fresh Food 0.9% y/y vs the expected 0.9%, prior was 1.1%. • Tokyo CPI excluding Food, Energy 0.8% y/y vs the expected 0.7%, prior was 0.8%. About The Tokyo Consumer Price Index The Tokyo Consumer Price Index released by the Statistics Bureau is a measure of price movements obtained by comparison of the retail prices of a representative shopping ... (full story)