Nationwide consumer prices in Japan were up 1.6 percent on year in March, the Ministry of Internal Affairs and Communications said on Friday - in line with expectations and up from 1.5 percent in February.
Core CPI, which strips out the volatile costs of food, added an annual 1.3 percent - unchanged from the previous month but shy of forecasts for 1.4 percent.
Overall inflation for the Tokyo region, considered a leading indicator for the nationwide trend, spiked 2.9 percent on year in April - below expectations for 3.0 percent but up sharply from 1.3 percent in March.
Core CPI for Tokyo jumped 2.7 percent on year in April - also below expectations for 2.8 percent but up from 1.0 percent a month earlier.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.