Japan’s core consumer prices in Tokyo, excluding food and energy, showed no change in June 2026 compared with the previous month, underscoring a pause in underlying inflation momentum in the capital.
The CPI Tokyo Ex Food and Energy indicator was unchanged at 0.0% month-over-month in June, matching the revised 0.0% reading recorded in May 2026. According to the data updated on 25 June 2026, this marks a second consecutive month of flat price movement in core items after stripping out the more volatile food and energy components.
On a month-over-month basis, the “actual” June figure compares the price level in June with May, while the “previous” figure reflected the change in May versus April. With both months registering zero growth, the data point to a plateau in core price pressures in Tokyo, a key leading gauge for broader price trends across Japan.
