Japan's January core CPI rises 2.2% year on year
[TOKYO] Japan's core consumer prices rose 2.2 per cent in January from a year earlier, government data showed on Friday.
The core consumer price index, which includes oil products but excludes fresh food prices, was less than economists' median estimate for a 2.3 per cent annual gain.
The so-called core-core inflation index, which excludes food and energy prices and is similar to the core index used in the United States, rose 2.1 per cent in the year to January.
Core consumer prices in Tokyo, available a month before the nationwide data, rose 2.2 per cent in February from a year earlier, versus a 2.2 per cent annual rise seen by analysts in a Reuters poll.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
China’s Jan-March foreign investment inflows down 26%
South Korea government offers first compromise to end doctors' strike
Japanese AI tool predicts when recruits will quit jobs
India votes in gigantic election dominated by jobs, Hindu pride and Modi
Britain’s retail sales disappoint in sign of lacklustre recovery
Explosions in Iran, US media reports Israeli strikes