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Financial News: Tokyo Overall Inflation Climbs To 1.4% In April

Tokyo Overall Inflation Climbs To 1.4% In April

04/25/2019 - 19:50:00 (RTTNews)

(RTTNews) - Overall consumer prices in the Tokyo area were up 1.4 percent on year in April, the Ministry of Internal Affairs and Communications said on Friday.

That exceeded expectations for a rise of 1.1 percent and was up sharply from 0.9 percent in March.

Core CPI, which excludes volatile food prices, advanced an annual 1.3 percent - topping forecasts for 1.1 percent, which would have been unchanged.

On a seasonally adjusted monthly basis, overall Tokyo CPI was up 0.3 percent and core CPI gained 0.2 percent.

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