Economic Indicators
Japan June core CPI rises 2.2% year/year – govt
2022.07.22 02:58
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.