Tokyo core CPI seen subdued in July on weak non-energy costs - Reuters poll

According to the latest Reuters poll of sixteen economists, Tokyo’s core consumer prices, excluding volatile items such as fuel, are seen subdued in the month of July.

Tokyo’s core consumer price index, which includes oil products but excludes fresh food prices, was expected to rise 0.7 percent in July from a year ago, the same rate as seen in June, the poll showed.

The internal affairs ministry will publish the core CPI for Tokyo on July 26 at 2350 GMT.

Earlier today, Japan’s national core consumer prices (CPI) rose by an annual 0.8 percent in June, up slightly from 0.7 percent in May.