东京通胀降温幅度超预期 预计不会阻碍日本央行进一步加息

Core Viewpoint - Tokyo's inflation has cooled more than expected due to easing pressures from food and energy prices, but this is not expected to hinder the Bank of Japan's plans for further interest rate hikes [1] Inflation Data Summary - The core consumer price index in Tokyo, excluding fresh food, rose by 2.3% year-on-year in December, a significant drop from the previous month's increase of 2.8%, while economists had anticipated a decrease to only 2.5% [1] - The overall inflation rate slowed from 2.7% last month to 2.0%, and the core-core inflation rate, excluding fresh food and energy prices, decreased to 2.6% [1] Monetary Policy Implications - Tokyo's inflation data is traditionally a leading indicator for national inflation trends in Japan, and the market is closely monitoring these figures to assess the timing of the Bank of Japan's next policy adjustments [1] - Last week, the Bank of Japan's monetary policy committee unanimously decided to raise the policy interest rate to 0.75%, the highest level since 1995 [1] - Despite the significant drop in inflation data, it remains above the Bank of Japan's target of 2%, indicating that the path for further policy tightening remains unaffected [1]