Breaking News

Tokyo Inflation Accelerates In April

Inflation in Japan's capital accelerated notably in April, data from the Ministry of Internal Affairs revealed Friday.

Excluding fresh food, Tokyo core inflation advanced to 3.4 percent from 2.4 percent in the previous month. This was above economists' forecast of 3.2 percent and also reached the highest level in two years.

Overall consumer prices in Tokyo rose 3.5 percent after climbing 2.9 percent in March.

Excluding fresh food and energy prices, inflation surged to 3.1 percent in April from 2.2 percent in the previous month.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by Renju Jaya

For comments and feedback: contact editorial@rttnews.com

More Breaking News