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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.

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

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Channel News Asia broke the news in Singapore, Singapore on Thursday, May 28, 2026.
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