Latest News

Dow Jones Newswires: Japan’s consumer inflation climbs 3% in August

0

TOKYO — Japan’s overall consumer inflation rose 3% from a year earlier in August, exceeding the Bank of Japan’s 2% target for fifth straight months, government data showed Tuesday.

The figure compares with a 2.6% increase in July from a year ago. Consumer prices excluding fresh food and energy prices rose 1.6% from a year earlier in August.

The BOJ is widely expected to maintain ultra-low interest rates at a policy-setting meeting later this week as BOJ officials have said current inflation is triggered mainly by higher energy prices and is unlikely to be sustainable.

FA Center: Whether your politics are red or blue, these stock ETFs aim to keep you in the green

Previous article

The Wall Street Journal: Judge denies DOJ’s request to block UnitedHealth’s acquisition of Change Healthcare

Next article

You may also like

Comments

Leave a reply

Your email address will not be published.

More in Latest News