Tokyo headline CPI comes in at 1.5% with mixed results

Japan's Tokyo CPI reading came in largely as-expected, with the annualized headline inflation reading printing at 1.5%, in-line with median market forecasts and slightly improving over the last period's 1.3%.

Core inflation (CPI less fresh food prices) also hit the mark, holding steady across the board at 1%, but Japan's core-core CPI reading (CPI less fresh food, energies prices) slowed to 0.6%, missing the previous annualized period's 0.7%.