Japan's core inflation accelerated in November as rising food and fuel costs hit households, data showed on Friday, keeping the central bank under pressure to raise interest rates.

Japan’s key inflation gauge strengthened on the waning impact of government energy subsidies as the central bank continues to parse data before deciding on the timing of its next interest rate hike. Consumer prices excluding fresh food rose 2.7% in ...

The annual inflation rate in Japan climbed to 2.9% in November 2024 from 2.3% in the prior month, marking the highest reading since October 2023. The core inflation rate rose to a 3-month high of 2.7% in November,

Japans core inflation climbed to 2.7% in November driven by higher food and fuel costs. The surge intensifies pressure on the Bank of Japan to reconsider its rate policies as households face mounting expenses

Inflation in Japan’s corporate goods prices accelerated to the fastest pace in 16 months, an outcome that points to growing inflationary pressure in the economy and supports the central bank’s further normalization of policy.