Japan July core CPI up 2.4% year/year -govt

2022.08.19 02:47

FILE PHOTO: Shoppers wearing protective face masks, following an outbreak of the coronavirus disease (COVID-19), are seen at a supermarket in Tokyo, Japan March 27, 2020. REUTERS/Issei Kato

TOKYO (Reuters) – Japan’s core consumer prices rose 2.4% in July from a year earlier, government data showed on Friday, topping the central bank’s 2% price stability goal for the fourth straight month.

The core consumer price index, which includes oil products but excludes fresh food prices, matched the median estimate in a Reuters poll.

Stripping away the effect of fresh food and energy, consumer prices rose 1.2% in July from a year ago, the internal affairs ministry data showed.

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