Consumer prices in Japan rise for first time in a year
The 0.1 per cent rise in nationwide core consumer price index exceeded economists' expectations of a flat trend
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Tokyo
DATA published on Friday shows that consumer prices in Japan rose for the first time in the space of 13 months during January, offering a glimmer of hope for Prime Minister Shinzo Abe's Abenomics policies and for a Bank of Japan that has been struggling to achieve an inflation target
The 0.1 per cent rise in the nationwide core consumer price index (CPI) exceeded economists' expectations of a flat trend, due mainly to a rise in international energy prices rather than an increase in domestic demand within Japan itself.
Copyright SPH Media. All rights reserved.
