Tokyo Overall Inflation Jumps 2.5% On Year In July

RTTNews | 880 days ago
Tokyo Overall Inflation Jumps 2.5% On Year In July

(RTTNews) - Overall consumer prices in the Tokyo region of Japan were up 2.5 percent on year in July, the Ministry of Internal Affairs and Communications said on Friday.

That exceeded expectations for an increase of 2.4 percent and was up from 2.3 percent in June.

Core CPI, which excludes volatile food prices, climbed an annual 2.3 percent - topping forecasts for 2.2 percent and accelerating from 2.1 percent in the previous month.

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BoJ Minutes: Japan Economy Growing Above Trend

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Members of the Bank of Japan's Monetary Policy Board noted that Japan's economy is growing consistently and is expected to continue expanding above trend, minutes from the central bank's October 30-31 meeting revealed on Tuesday.
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BoJ Keeps Rate Unchanged For Third Straight Session

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