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 in ...
It comes as new PM Sanae Takaichi is keen for inflation to fall but also needs low government borrowing costs.
A business lobby representing small and midsize firms urged the government to address inflation, including the yen's weakness ...
TOKYO (Reuters) -Core inflation in Japan's capital held steady in September and stayed well above the central bank's 2% target, data showed on Friday, as price pressures keep alive market expectations ...
Japan's core inflation cools in June as expected, coming down from 29-month high as rice prices ease
Japan's core inflation cooled to 3.3% in June, coming down from a 29-month high of 3.7% as rice inflation showed signs of easing. The figure — which strips out costs for fresh food — was in line with ...
Rice prices in Japan more than doubled in May, spiking 101.7% year over year and marking their largest increase in over half a century. The huge spike follows a 98.4% increase in April, and a rise of ...
TOKYO (Reuters) -Core consumer inflation in Japan's capital slowed sharply in June due to temporary cuts to utility bills but stayed well above the central bank's 2% target, keeping alive market ...
(Bloomberg) -- Inflation in Japan is running at 4%, but Taemi Komiyama finds the cost of feeding her family is escalating much faster than that. The 35-year-old housewife is paying ¥50,000 ($336) a ...
TOKYO--A slight easing in Japan's consumer inflation is welcome news for the central bank, but stubbornly high food prices will be of concern for policymakers whose hands remain tied by tariffs. Core ...
Asian stock markets began Friday’s session with modest gains, as a rally in global equities gained fresh momentum from strong US economic data that helped to ease concerns about a potential slowdown ...
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. It has stayed put despite headline and core ...
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