2025年10月，东京Ku地区的核心消费价格同比上涨2.8%，高于前两个月2.5%的涨幅，超过了市场预测的2.6%。该数据仍远高于日本央行2%的目标，强化了人们对逐步转向紧缩政策的预期。在10月的会议上，日本央行如预期的那样将利率维持在0.5%不变，董事会成员田村直树和高田昭一再次推动将利率上调至0.75%，以7票赞成、2票反对的结果通过了这一决定。央行重申，一旦实现经济和价格目标，将继续进行政策正常化。上田和夫指出，经济继续温和复苏，但警告称，全球贸易政策的不确定性可能会抑制增长和企业盈利。东京的通胀数据作为全国物价趋势的领先指标受到密切关注。

Core consumer prices in Tokyo’s Ku-area rose 2.8% year-on-year in October 2025, picking up from a 2.5% gain in the previous two months and surpassing market forecasts of 2.6%. The reading remained well above the Bank of Japan’s 2% target, reinforcing expectations of a gradual shift toward tighter policy. At its October meeting, the BOJ left interest rates unchanged at 0.5% as expected, with the decision passing by a 7–2 vote as board members Naoki Tamura and Hajime Takata again pushed for a hike to 0.75%. The central bank reiterated that it would proceed with policy normalization once its economic and price targets are achieved. Governor Kazuo Ueda noted that the economy continues to recover moderately but warned that uncertainties in global trade policy could dampen growth and corporate earnings. Tokyo’s inflation data are closely watched as a leading indicator of nationwide price trends.