Economic Indicators

Japan’s core inflation slows in October, but stays above BOJ target

2024.11.21 18:52

TOKYO, Nov 22 (Reuters) – Japan’s core consumer prices rose 2.3% in October from a year earlier, government data showed on Friday.

© Reuters. FILE PHOTO: A woman looks at items at a shop in Tokyo, Japan, March 24, 2023. REUTERS/Androniki Christodoulou/File Photo

The core consumer price index, which includes oil products but excludes fresh food prices, compared with economists’ median estimate for a 2.2% annual gain.

Stripping away the effect of fresh food and energy, consumer prices rose 2.3% in October from a year ago.



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