Japan’s core inflation rate fell to 3.3% in June, offering some relief after hitting a 29-month high. The core inflation ...

The Japanese yen on Friday inched up by 0.15% to 143.80 against the U.S. dollar following the release of inflation data. Topix equities rose 0.7%, while the benchmark Nikkei 225 index gained by 0.5%.

The surge in rice prices comes as Japan's core inflation rate climbed to 3.7% in May, marking its highest level since January 2023.

It has stayed put despite headline and core inflation running above its target of 2% since April 2022, and despite headline inflation's two-year high of 4% in January. So-called "core-core ...

Headline inflation climbed 3.6% from a year ago, steady from the prior month and staying above the Bank of Japan's 2% target for more than three years. Bank of Japan Governor Kazuo Ueda has ...

Major central banks hiked their policy rates in the face of surging inflation, but the Bank of Japan has been an outlier. Food inflation, especially rice prices, is a major factor behind the rise ...

Major central banks have hiked their policy rates in the face of surging inflation since the Covid-19 pandemic — but the Bank of Japan has been an outlier. Stream Los Angeles News for free, 24/7 ...

Underlying inflation in Japan, which focuses on the strength of domestic demand and wages rather than volatile food and fuel, has been tracking below the Bank of Japan's 2% target.

Japan's core inflation likely decelerated in February from the previous month due to the resumption of energy subsidies, a Reuters poll showed, though the overall price trends will likely keep ...

Inflation excluding volatile fresh food and energy prices--a measure closely watched by the central bank--rose 2.6% in February from a year ago, compared with January's 2.5% increase.