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<Econ> Japan Apr Core Inflation +1.4% YoY, Slowest in 4 Years
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Japan's core inflation, which excludes fresh food, rose 1.4% YoY in April, marking the slowest annual pace in four years and falling short of market expectations of 1.7%. The slowdown was mainly attributable to government subsidy measures. Analysts expect inflation in Japan to accelerate in the coming months, as elevated oil costs and supply disruptions stemming from conflicts in the Middle East prompt companies to raise prices across various products. Japan's headline inflation increased 1.4% YoY in April. Inflation excluding fresh food and energy rose 1.9% YoY, slowing significantly from the 2.4% increase recorded in March. (mn/u) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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