Japan's core inflation picks up in July, but demand-driven growth below 2%

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TOKYO: Japan's core inflation accelerated for a third straight month in July, data showed on Friday (Aug 23), but a slowdown in demand-driven price growth could complicate the central bank's decision on further interest hikes in coming months. The nationwide core consumer price index (CPI), which excludes fresh food items, rose 2.7 per cent from a year earlier, slower than a 2.6 per cent climb in June. It matched the median market forecast and put the inflation rate at or above the central bank'

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Japan's core inflation picks up in July, but demand-driven growth below 2% https://www.channelnewsasia.com/ - 23.08.2024 07:36
Japan's core inflation picks up in July, but demand-driven growth below 2% https://www.channelnewsasia.com - 23.08.2024 04:58

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Japan's core inflation picks up in July, but demand-driven growth below 2% https://www.channelnewsasia.com/ - 23.08.2024 07:36
Japan's core inflation picks up in July, but demand-driven growth below 2% https://www.channelnewsasia.com - 23.08.2024 04:58