Core inflation in Japan's capital weakened more-than-expected at the end of the year but it remained firmly above the central bank's 2 percent target, official data revealed on Friday.
Excluding fresh food, Tokyo inflation softened to 2.3 percent in December from 2.8 percent in November, the Ministry of Internal Affairs and Communications reported. The rate was also below economists' forecast of 2.5 percent.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.