TOKYO, Jan. 31 (Xinhua) — The shopper worth index (CPI) for Tokyo’s 23 wards, excluding recent meals, rose 2.5 p.c in January from a 12 months earlier, marking the third consecutive month of accelerating inflation, official knowledge confirmed Friday.
The rise was primarily pushed by rising vitality prices following the top of presidency subsidies for electrical energy and gasoline, in addition to meals worth will increase, in accordance with preliminary knowledge launched by the Ministry of Internal Affairs and Communications.
The preliminary CPI for Tokyo’s 23 wards is taken into account a number one indicator for nationwide inflation traits.
Including recent meals, the general CPI rose by 3.4 p.c. Among particular person classes, recent meals costs surged 23.8 p.c, making the biggest contribution to the rise. Due to record-breaking warmth, cabbage costs tripled in comparison with the earlier 12 months, whereas recent fruit, together with mandarins, rose 24.4 p.c.
The utilities sector noticed an 11.1-percent enhance, with electrical energy costs rising 17.5 p.c and metropolis gasoline costs up 10.5 p.c, largely as a result of expiration of non permanent authorities subsidies that had been reintroduced from August to October 2024 as emergency assist in the course of the excessive summer time warmth.
Excluding recent meals, meals costs climbed 4.7 p.c. Rice costs soared 70.7 p.c, marking the very best enhance since comparable data started in January 1971.