2022-11-25 06:43:33

Consumer Prices In Japan's Capital Rise Most Since 1982

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RTTNews
By Renju Jaya

Core consumer price inflation in Japan's capital hit the highest in 40 years in November on higher energy cost and weaker yen, data released by the Ministry of Internal Affairs and Communications showed on Friday.

Tokyo's core consumer price inflation that excludes fresh food rose to 3.6 percent in November from 3.4 percent in October. This was the highest since 1982 and above economists' forecast of 3.5 percent.

Overall consumer prices advanced 3.8 percent annually, faster than the 3.5 percent rise in October.

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