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(MNI) Tokyo
TOKYO (MNI)

Japan's February annual core consumer inflation rate rose 0.6% y/y to the highest level since February 2020 won the back of higher energy price, data from the Ministry of Internal Affairs and Communications released Friday showed.

Energy items rose 20.5% y/y in February, widening from January.

Underlying inflation, the core-core CPI (excluding fresh food and energy), fell 1.0% y/y in February. Bank of Japan officials maintain the view that the underlying price trend excluding special factors remains solid, see: MNI BRIEF: BOJ Kuroda: Core CPI Won’t Stabilise At 2% Soon.

MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com

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