Core Inflation in Tokyo Stays Below BOJ Goal, Factory Output Rebounds
Subsidies kept Tokyo price gains below the Bank of Japan’s target for a fourth month, while factory output rose 0.8% on stronger chip-equipment demand.
8 Articles
8 Articles
Core inflation in Tokyo slows, stays below BOJ goal
By Leika Kihara TOKYO, May 29 (Reuters) – Annual core inflation in Japan’s capital hit 1.3% in May, data showed on Friday, staying below the central bank’s 2% target for a fourth straight month as fuel and education subsidies offset rising raw material costs from the U.S.-Israeli war on Iran. The data will be among the factors that the Bank of Japan will scrutinise at next month’s policy meeting, when markets expect a hike in its short-term po…
Core inflation in Tokyo stays below BOJ goal, factory output rebounds
TOKYO, May 29 : Annual core inflation in Japan's capital stayed below the central bank's 2 per cent target for a fourth straight month in May, data showed on Friday, as fuel and tuition subsidies offset rising raw material costs from the U.S.-Israeli war on Iran.Separate data showed factory output rebounded i
Global Market: Japan inflation remains below BOJ target as energy costs rise
Tokyo's inflation eased for a sixth month in May, staying under the Bank of Japan's target. Government subsidies helped cushion rising global energy costs. Meanwhile, Japan's factory output rebounded in April, driven by AI-related demand. Policymakers watch these trends closely as they consider future interest rate decisions amid global economic pressures.
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