Tokyo area CPI data for February jumps higher from January ...Middle East

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Tokyo area CPI data for February jumps higher from January
Tokyo area CPI data for February 2024 has risen much higher than in January. This will renew chatter of a near term Bank of Japan policy tightening. The Bank next meets on March 18 and 19. April (the meeting is on the 25th and 26th) is currently seen as more likely for a move. Headline CPI 2.6% y/yprior 1.8%Excluding Fresh Food YY 2.5% expected 2.5%, prior 1.8%Excluding Fresh Food & Energy 3.1% (slowest since February 2023for this core-core measure)expected 3.1%, prior 3.3%Still to come today from Japan:Bank of Japan Governor Ueda is speaking Tuesday, Japan time****Tokyo area inflation data:National-level CPI data for this month will follow in about three weeks, it takes longer to gather and

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