Japan's core consumer inflation accelerated to 1.6% in June, up from 1.5% in May, with overall prices rising 1.7% year-over-year. The increase remains below the Bank of Japan's target rate as the central bank weighs its monetary policy.
No BS check run yet — press ⚖ to extract this story's claims and verify them against independent sources.
Japan June core inflation accelerates, stays below BOJ target Reuters
Japan's Core Inflation Accelerates to 1.6% in June, Remains Below BOJ's Target https://finwires.com/en/article/japan-s-core-inflation-accelerates-1-6-june-remains-below-7007728
Japan's consumer inflation accelerated in June, with consumer prices rising 1.7% from a year earlier after a 1.5% increase in May, according to FocusEconomics [focus-economics.com#1]. The Financial Times said both headline and core price rises accelerated last month, while Business Times reported that core inflation remained below the Bank of Japan's target [ft.com#1][businesstimes.com.sg#1]. CNBC