Send
Print
Caribb
As a result, the rate of growth fell to its lowest level since March 2022, down from 2.6% in December.
After increasing 2.3% in December, prices that do not include fresh food — a crucial metric monitored by the nation's central bank—rose 2% year over year in January. Additionally, it was the lowest rise since March 2022.
As a result, inflation now falls below the Bank of Japan's 2% target after rising above for 21 straight months.
Last month, Trading Economics analysts anticipated a 1.8% increase.
Inflation last month, excluding food and energy, was 3.5% year over year, down from 3.7% in December.
source: tradingeconomics.com
After increasing 2.3% in December, prices that do not include fresh food — a crucial metric monitored by the nation's central bank—rose 2% year over year in January. Additionally, it was the lowest rise since March 2022.
As a result, inflation now falls below the Bank of Japan's 2% target after rising above for 21 straight months.
Last month, Trading Economics analysts anticipated a 1.8% increase.
Inflation last month, excluding food and energy, was 3.5% year over year, down from 3.7% in December.
source: tradingeconomics.com
