TOKYO—Japan’s consumer price inflation eased to 3.1 percent year on year in July, in line with market expectations, government data
The figure for the world’s third-largest economy, which excludes volatile fresh food prices, followed a 3.3-percent reading in June.
Friday’s core consumer price index figure matched market expectations of 3.1 percent recorded in a Bloomberg survey. Inflation in Japan has been less extreme than price hikes seen in other major economies such as the United States, which have been fueled by the war in Ukraine and supply-chain disruptions.
But the central bank sees recent price increases as driven by temporary factors, and so has stuck to its easing policies such as maintaining a negative interest rate.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
44K vehicles involved in accidents in Jan-JulyThe Metropolitan Manila Development Authority (MMDA) reported that 44,493 vehicles were involved in accidents in Metro Manila from January to
Read more »
PRC announces July 2023 Interior Design board topnotchersA TOTAL of 202 out of 443 examinees passed the July 2023 Interior Designer Licensure Examination by the Professional Regulation Commission (PRC). It was administered by the Board of Interior Design in the National Capital Region, Cebu, and Davao. Jena Carla De Guzman of the University of the Philippines-Diliman and…
Read more »
The search is over for the ideal cup of Joe!Experience coffee time at its finest at SM Supermalls this July
Read more »
Laguna hazing suspects arraigned in Biñan courtAuthorities here said three other suspects in the John Matthew Salilig hazing case who surrendered in July to the National
Read more »
GMA’s TikTok account is the most viewed among PH entertainment creatorsMedia giant GMA Network continues its supremacy across digital platforms, with its official TikTok account gmanetwork generating the most content views among top entertainment creators in the Philippines for the month of July 2023.
Read more »
| New Yorker Pizza's official launch a resounding success despite heavy rains at FOOD MARKET BGCThe much-awaited PIZZA PARTY - the Official Launching of Food Market New Yorker Pizza - took place on July 28, 2023, at the FOOD MARKET BGC, and it was a night to remember! Despite the challenging weather conditions with heavy rains, pizza enthusiasts, friends from the media, and bloggers showed…
Read more »