Tokyo inflation acceleration - recapping the yen supportive data published earlier ...Middle East

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Tokyo inflation acceleration - recapping the yen supportive data published earlier
The Tokyo inflation data is here:Tokyo area November inflation data, a big jump higher: Headline 2.6% y/y (prior 1.8%)And concerns about a leak were aired here:USD/JPY towards 151.10 - the drop began before the CPI data officially publishedThe Wall Street Journal have a recap of the data. The Journal is gated but if you can access it, link is here. A snippet from the report:consumer prices, excluding fresh food, for the Tokyo metropolitan area ... first acceleration in the pace of inflation in three monthssuggesting that inflation is developing in line with the central bank’s expectations Energy prices increased due to the receding effects of government energy subsidiesService price

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