Inflation in Japan's capital accelerated unexpectedly in March, data from the Ministry of Internal Affairs revealed Friday.
Excluding fresh food, Tokyo consumer prices moved up 2.4 percent year-on-year, faster than the 2.2 percent rise in February. Prices were expected to climb at a steady pace of 2.2 percent.
Overall inflation logged 2.9 percent annual growth, following February's 2.8 percent rise.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.