Inflation in Japan's capital accelerated notably in April, data from the Ministry of Internal Affairs revealed Friday.
Excluding fresh food, Tokyo core inflation advanced to 3.4 percent from 2.4 percent in the previous month. This was above economists' forecast of 3.2 percent and also reached the highest level in two years. Overall consumer prices in Tokyo rose 3.5 percent after climbing 2.9 percent in March. Excluding fresh food and energy prices, inflation surged to 3.1 percent in April from 2.2 percent in the previous month.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.