Japanese Core Inflation Rises 0.4% in June; Household Spending Rises 2.6%

Japanese consumer prices rose at a steady pace last month, further evidence that underlying inflation was gradually building. The consumer price index (CPI) minus fresh food – a key proxy for core inflation – rose at an annualized 0.4% in June, the Japanese Statistics Bureau reported Friday. The ...
Japanese Core Inflation Rises 0.4% in June; Household Spending Rises 2.6%