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Japan’s inflation picked up speed in January, adding pressure on households and fueling expectations that the Bank of Japan may soon raise interest rates. Core consumer prices rose 3.2% year-on ...
It has stayed put despite headline and core inflation running above its target of 2% since April 2022, and despite headline inflation's two-year high of 4% in January. So-called "core-core ...
Public's greater tolerance for higher prices may not last with wage growth at risk from Trump tariffs. Read more at ...
President Trump has threatened to impose a “reciprocal” tariff of 25% on Japanese exports starting on Aug. 1. Duties on autos—a core industry for Japan—are already in effect.
The headline inflation rate in the country dropped to 3.3%, coming down from 3.5% in May, but marking the 39th straight month that inflation has run above the Bank of Japan's 2% target.
Marcella Chow, Global Market Strategist at JP Morgan Asset Management, noted that rice accounts for approximately 50% of Japan's core inflation, and future inflation trends are heavily reliant on ...
Marcella Chow, global market strategist at JP Morgan Asset Management, noted that rice accounts for approximately half of Japan's core inflation, and future inflation trends are heavily reliant on ...
Japan's core inflation cooled to 3.3% in June, coming down from a 29-month high of 3.7% as rice inflation showed signs of easing. The figure — which strips out costs for fresh food — was in ...
Major central banks have hiked their policy rates in the face of surging inflation since the Covid-19 pandemic — but the Bank of Japan has been an outlier. Stream NBC 5 for free, 24/7, wherever ...