In April, the core Consumer prices in Tokyo, Japan increased by 3.4% year-on-year, exceeding expectations.

Data released by the Ministry of Internal Affairs and Communications in Tokyo shows that in April, core Consumer prices in the Tokyo area rose by 3.4% year-on-year, while the forecast was a rise of 3.2%. The expected Range among 26 economists was a rise of 2.3% to 3.3%. The CPI excluding Energy and fresh food rose 3.1% year-on-year, with a forecast increase of 2.8%. The overall CPI increased 3.5% year-on-year, exceeding the forecast of 3.3%.