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Stronger core inflation in Japan will not bring forward BoJ rate increase
Inflation was boosted by sharp rises in the prices of some foods, including rice, a Japanese staple. Core inflation, which in Japan excludes fresh food but not energy, rose at an annual rate of 3.5 per cent. This was slightly above expectations of a 3.4 per cent rise but above the previous month’s 3.2 per cent growth rate.
By Rocky Swift TOKYO (Reuters) -Japanese government bonds remained stable on Friday, after a volatile week in which ...
Japan’s consumer inflation gathered pace in April due to higher energy and food prices, although it is unclear if this will ...
Al Jazeera on MSN16h
Japan faces a ‘rice crisis’ as price nearly doubles for food stapleThe price of Japanese-grown rice is soaring due to high inflation, low farm yields and a growing tourism sector.
From the BBC World Service: Japan's inflation rate is heating up, which could mean higher interest rates for the first time ...
The government has been releasing some of its stockpiled rice since March, but that has yet to translate to lower prices.
1don MSN
"Major financial events often happen first in Japan, for example the late-1990s tech bubble bursting first in Japan," Albert ...
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