TOKYO, Apr 19 (NHK) –
Japan’s shopper inflation fee rose in March, however the tempo of the achieve slowed from the earlier month.
The Consumer Price Index, which excludes recent meals, got here in at 2.6 p.c from a yr earlier.
The authorities introduced the newest inflation determine on Friday. It has now ranged between 2 to three p.c for seven straight months.
The March index dipped 0.2 proportion factors from the studying in February.
Officials say the slowing tempo of inflation displays decrease vitality prices.
A authorities program to subsidize family electrical energy and city-gas payments has put downward stress on the index since February final yr.
In addition, the inflation index for meals slowed for the seventh straight month, coming in at 4.6 p.c in March.
Fresh meals objects are excluded from this index as a result of costs differ extensively relying on the climate.
The fiscal 2023 Consumer Price Index was additionally introduced.
The determine was up 2.8 p.c from a yr earlier, additionally a slower tempo than the earlier yr.
Source: ANN