Tokyo, Dec 20, 2024 (AFP) - Japanese inflation jumps to 2.7% in November

NAMPA / AFP

2024-12-20

Japanese inflation accelerated in November, with prices rising 2.7 percent on-year partly because of higher energy costs, government data showed Friday. The core Consumer Price Index (CPI), which excludes volatile fresh food prices, topped market expectations and was up from 2.3 percent in October. The reading remained above the Bank of Japan's two percent inflation target, set more than a decade ago as part of efforts to boost the stagnant econo......

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