Tokyo’s core consumer inflation, excluding food and energy, edged up in October 2026, signaling a modest firming in underlying price pressures in Japan’s capital.
The CPI Tokyo Ex Food and Energy indicator rose to 0.6% in October on a month-over-month basis, up from 0.4% in September 2026. The comparison shows that the pace of underlying price growth has accelerated slightly, as October’s increase is measured against September, while the earlier 0.4% reading reflected the change from August to September.
The latest data, updated on 29 October 2026, will be closely watched by markets as Tokyo’s price trends are often viewed as an early guide to nationwide inflation dynamics and potential implications for Japan’s broader monetary and economic outlook.