Economic Buzz: Japan Inflation Rises 2.4% On Year

22 Jul 2022 , 11:10 AM

Overall consumer prices in Japan were up 2.4 percent on year in June, the Ministry of Internal Affairs and Communications reported. Core CPI, which excludes volatile food prices, was up an annual 2.2 percent – again matching forecasts and up from 2.1 percent in the previous month. On a seasonally adjusted monthly basis, consumer prices were flat – slowing from the upwardly revised 0.3 percent increase in May (originally 0.2 percent).Powered by Commodity Insights