Japan Overall Consumer Prices Rise 2.8% On Year In May
(RTTNews) - Overall consumer prices in Japan were up 2.8 percent on year in May, the Ministry of Internal Affairs and Communications said on Friday.
That exceeded expectations for an increase of 2.6 percent and up from 2.5 percent in April.
On a seasonally adjusted monthly basis, inflation rose 0.5 percent - again above forecasts for 0.2 percent and up from 0.4 percent in the previous month.
Core consumer prices, which exclude the volatile costs of food, rose 0.1 percent on month and 2.5 percent on year after the flat monthly reading and the 2.2 percent yearly gain a month earlier.
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Japan Manufacturing PMI Slips To 49.2 In October - Jibun
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Japan Private Sector Contracts For First Time In 4 Months
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Japan Inflation Slows To 2.5% On Year In September
Overall nationwide consumer prices in Japan were up 2.5 percent on year in September, the Ministry of Internal Affairs and Communications said on Friday.
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