Japan's consumer prices tack on for ninth straight month

Japan's consumer prices tack on for ninth straight month

In September, Japan's core consumer prices inched up for a ninth straight month, as a Reuters survey disclosed. However, the prices seemed to be less than half way to meeting the Bank of Japan's 2% inflation objective.

The nationwide core consumer price index, including crude products, but excluding volatile fresh food prices, added 0.8% in September from 2016 after a 0.7% revenue last month, as the survey of 20 market experts unveiled.

Tokyo core consumer prices ascended 0.5% in October from 2016, a year earlier. It’s the same rate of revenue as in September.

As market experts state, in September gasoline and electricity costs spurred consumer prices moderately, although prices excluding energy related stuff were subdued.

Higher charges for parcel delivery as well as some food products are going to be closely watched for how they might impact other prices.

Wage and price recovery is still poor because corporations are reluctant to pass on some of their accumulated revenues to their employees notwithstanding the strengthening economy.

 

Similar

Popular

Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

Crude holds revenues on API estimates

On Wednesday, crude held revenues in Asia because industry estimates revealed a much sharper draw in American crude inventories expected, although higher than seen gasoline stocks affected market sentiment…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera