Economic Indicators

Japan June core CPI rises 2.2% year/year – govt

2022.07.22 02:58

Japan June core CPI rises 2.2% year/year - govt
FILE PHOTO: People make their way at Ameyoko shopping district in Tokyo, Japan, May 20, 2022. REUTERS/Kim Kyung-Hoon

TOKYO (Reuters) – Japan’s core consumer prices rose 2.2% in June from a year earlier, government data showed on Friday, coming in above the central bank’s 2% inflation target for the third 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 1.0% in June from a year ago.

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