BOE's Greene cautions UK wage growth could fuel persistent inflation
BOE's Megan Greene warns about persistent UK inflation and concerns over 3.5% wage growth next year.
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Tokyo August CPI holds at 1.9% as core inflation beats forecast
Tokyo headline CPI matched forecasts at 1.9%; core CPI beat at 1.8%. July unemployment fell to 2.4%.
28/08/2026 07:333 min read
Year-on-year headline inflation in Tokyo for August 2026 recorded 1.9%.
- This matched the 1.9% market expectation and declined from the previous year's 2%.
The core CPI, which excludes fresh food, came in at 1.8%.
- That was above the 1.7% forecast but below the prior 1.9%.
The measure of CPI that excludes both food and energy—the core-core indicator closest to the US core CPI—stood at 2.0%.
- No specific expectation was available; the prior reading was 2%.
Separately, Japan's July unemployment rate fell to 2.4%.
- This was better than the 2.5% expected and the previous month's 2.5%.
The jobs-to-applicants ratio landed at 1.18.
- That missed the 1.19 consensus and was unchanged from the prior 1.18.
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