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MNI BRIEF: Japan April Core CPI Up 2.1%, Reaches 7-Year High

(MNI) Tokyo
TOKYO (MNI)

BOJ officials had flagged levels around 2.0% in April.

Japan's April annual core consumer inflation rate rose 2.1% y/y, for the highest level since March 2015 and the eighth straight gain, data from the Ministry of Internal Affairs and Communication released on Friday showed.

Bank of Japan officials had flagged an increase of near 2.0% for the April data.

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Japan's April annual core consumer inflation rate rose 2.1% y/y, for the highest level since March 2015 and the eighth straight gain, data from the Ministry of Internal Affairs and Communication released on Friday showed.

Bank of Japan officials had flagged an increase of near 2.0% for the April data.

Keep reading...Show less