Why is Tokyo CPI higher impact than Japanese National CPI? | Forex Factory

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Why is Tokyo CPI higher impact than Japanese National CPI?

  • #1
  • First Post: Edited Mar 30, 2016 7:53pm Mar 24, 2016 8:27am | Edited Mar 30, 2016 7:53pm
Why is Tokyo CPI higher impact than Japanese National CPI?


Edit: Ahhh... national CPI is lagging.
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  • #2
  • Mar 24, 2016 9:45am Mar 24, 2016 9:45am
http://www.japanmacroadvisors.com/pa...nd-prices/cpi/
  • #3
  • Last Post: Mar 24, 2016 4:29pm Mar 24, 2016 4:29pm
Quoting mjbarr
Why is Tokyo CPI higher impact than Japanese National CPI?
Because it is released much earlier. The Tokyo Core CPI being released today is from this month, the National Core CPI being released today is from the previous month. The National CPI reading is only a slightly more accurate gauge of inflation, but by the time it is released the market has already reacted to the Tokyo reading a month earlier.
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