Japan July Headline CPI Rises 1.9% on the First 2025-Base Print

Japan’s Statistics Bureau printed July CPI on the first 2025 base on Friday, 21 August. The official release and the PDF put the headline 総合 index at 102.0, up 1.9% year on year. Core, 生鮮食品を除く総合, is 102.1, up 1.8%. Core-core, 生鮮食品及びエネルギーを除く総合, is 102.1, up 1.9%. Official wins.

FXStreet’s recap said headline CPI climbed 2.0%, with the previous 1.6% revised from 1.7%, and core-core 1.8% versus 1.7%. Those are a second stamp. They are not averaged with the bureau.

USD/JPY color is 159.05, not 158.88

That recap had USD/JPY at 158.88. That stamp does not hold. The later yen page prints 159.05 in Friday’s early Asian session. GBP/JPY stays the live cross tape.

Japan’s Jibun Bank manufacturing PMI met expectations at 55.1 in August. That is color on this print. It is not a second Japan note.

The official page says food rose 3.5% year on year. Education fell 3.8%, dragged by tuition. The next stamps sit on the economic calendar.

Informational only. Not trading advice, signals, or a guarantee of any market outcome.