Japan Wanted Higher Inflation. It’s Here, and It Hurts.
WEBJul 29, 2024 · In the past few years, Japan saw a burst of inflation, spurred by pandemic supply chain snags and geopolitical shocks, as a way to shake the economy out of a decades-long cycle of weak growth...
Japan's core inflation accelerates for 4th month in August
WEBJapan's core consumer inflation accelerated for the fourth straight month in August and tracked comfortably above the central bank's 2% target, data showed on Friday, keeping …
Japan’s Inflation Speeds Up Ahead of Expected BOJ Rate Hold
WEBSep 20, 2024 · (Bloomberg) -- Japan’s key inflation gauge accelerated in August for a fourth consecutive month, hours before the Bank of Japan is scheduled to wrap up its latest policy decision meeting. Most ...
Japan Consumer Inflation Picked Up in August Amid BOJ Rate …
WEBSep 23, 2024 · Japan’s consumer inflation grew at a faster pace in August and stayed well above the Bank of Japan’s 2% target amid expectations for an additional rate increase in the near term.
Japan’s inflation outpaces US price rises for first time in 8 years
WEBJul 21, 2023 · Headline inflation in Japan rose to 3.3 per cent in June, outpacing the US figure for the first time in eight years and underscoring how Asia’s most advanced economy is no longer an outlier...
Inflation in Japan's capital accelerates, keeps BOJ rate hike …
WEBJun 28, 2024 · Core inflation in Japan's capital accelerated in June on rising fuel bills and the boost to import costs from a weak yen, data showed on Friday, keeping alive expectations for a near-term...
Wages are finally rising in Japan, as inflation eats away at …
WEBJun 19, 2023 · By YURI KAGEYAMA. Published 10:19 PM PDT, June 18, 2023. TOKYO (AP) — Wages are rising in Japan more than they have in decades, at least for some workers. But so are prices, leaving many people feeling they must scrimp more than ever. In May, the consumer price index was up 3.2% from a year earlier, well above the central bank’s target of about 2%.
Japan core CPI logs fastest rise in 41 yrs in 2023, points to easing
WEBJan 19, 2024 · Japan's core consumer prices rose 3.1 percent last year, marking the fastest pace of increase in 41 years, as the cost-of-living crisis deepened without robust wage growth, although inflation slowed in December, government data showed Friday.
Key measure of Japan inflation reaches highest level in 41 years
WEBUnlike in the US, inflation in Japan’s services sector has been weak — rising to 1.3 per cent in February — as wages have remained stagnant for most of the past three decades.
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
WEBInvestors are increasing their bets that the Bank of Japan will need to keep raising borrowing costs as a weaker yen fuels inflation and puts pressure on the central bank …