Tokyo's September CPI unexpectedly held steady, supporting the cautious stance of the Bank of Japan.

The Wisdom Financial APP learned that, affected by temporary subsidy policies, Tokyo consumer inflation unexpectedly remained stable. This data not only supports the cautious attitude of the Bank of Japan (BOJ) on raising interest rates, but also does not deviate from the overall upward path of raising interest rates. Data released by the Japanese Ministry of Internal Affairs and Communications on Friday showed that the Tokyo core consumer price index (excluding fresh food) rose 2.5% year-on-year in September, below the median expectation of 2.8% from economists surveyed by Bloomberg.