Japan May core CPI rises 2.1% year/year - govt

3 days ago 25

TOKYO : Japan's core consumer prices rose 2.1 per cent in May from a year earlier, government data showed on Friday, topping the Bank of Japan's inflation target for the second straight month.

The core consumer price index, which includes oil products but excludes fresh food prices, compared with economists' median estimate for a 2.1 per cent annual gain, which was also the actual reading in April.

Stripping away the effect of fresh food and energy, consumer prices rose 0.8 per cent in April from a year ago.

Read Entire Article