AI Data Insight
The annual growth rate of Tokyo's core CPI in September 2026 jumped to 2.7%, not only higher than the previous 1.4% but also beating market expectations of 2.4%. With the phase-out of policy subsidies and the heating up of service sector inflation, prices have strongly rebounded above the Bank of Japan's 2% target. The robust inflation data has significantly increased market bets on another rate hike by the BOJ in December.