USD/JPY gains ground for first session in four

USD/JPY tilted higher in Asian trade off January 9 lows after Japanese inflation data and ahead of US industrial data today. 

As of 05:55 GMT, USD/JPY rose 0.04% to 109.53, with a session-high at 109.58. 

Earlier Japanese data showed consumer prices up 0.8% in December, beating estimates of 0.7%. 

On a yearly basis, core prices rose 0.9% as expected, while Bank of Japan released minutes for the January 21 meeting, at which policymakers voted to keep rates at minus 10%. 

Japan's manufacturing PMI improved slightly to 49.3 from 48.4 in December. 

From the US, the manufacturing PMI is expected to steady at 52.4, while services PMI are estimated up to 52.9.