Japans service-sector inflation reached 2.9% year-on-year in December, driven by rising costs in accommodation and ...
The Bank of Japan is expected to raise rates by 25 basis points later in the day as it concludes its monetary policy meeting.
Japan's key inflation gauge hit 3% for the first time in 16 months, underscoring the nation's sustained price momentum just hours before the central bank raised rates for a third time under Gov.
Japan's annual rate of consumer price inflation accelerated to 3.0 percent in December from 2.7 percent the month before, government data showed Friday. The core Consumer Price Index (CPI), which ...
Japan is used to the position in which it currently finds itself: apart from the rest of the rich world. Elsewhere, as inflation exceeded central-bank targets, rate-setters tightened monetary ...
The annual inflation rate in Japan jumped to 3.6% in December 2024 from 2.9% in the prior month, marking the highest reading since January 2023. Food prices rose at the steepest pace in a year (6. ...
The return of inflation and wage growth is giving the Bank of Japan room to raise interest rates and declare the end of a long period of stagnation. Source: FactSet, Bank of Japan By The New York ...
The 3% reading in December is the highest inflation rate since August 2023, and boosts the case for a rate hike from the Bank of Japan. The headline inflation rate in Japan came in at 3.6% ...
(Bloomberg) -- Japan’s key inflation gauge hit 3% for the first time in 16 months, underscoring the nation’s sustained price momentum just hours before the central bank is expected to hike ...