Japan's core inflation rises to 2-year high in May due to soaring rice prices Related news

Cătălin Roșioru

ISTANBUL  Japan's core consumer inflation jumped to a 28-month high of 3.7% year-on-year in May, led by high rice prices, according to official data. Core inflation accelerated from the previous month's figure of 3.5%. The inflation rate has remained at or above the Bank of Japan's 2% target since April 2022. The core CPI, which excludes energy and fresh food to reveal underlying pricing trends, increased 3.3% in May after rising 3% in April, according to the Ministry of Internal Affairs and

Tag-uri: Inflatie