Japan’s core inflation cools in June as expected, coming down from 29-month high as rice prices ease
2025-07-18 10:20:16 source：CNBC
July 17, 2025
Japan’s core inflation cooled to 3.3% in June, coming down from a 29-month high of 3.7% as rice inflation showed signs of easing.
The figure — which strips out costs for fresh food — was in line with the 3.3% expected by economists polled by Reuters.
The headline inflation rate in the country dropped to 3.3%, coming down from 3.5% in May, but marking the 39th straight month that inflation has run above the Bank of Japan’s 2% target.
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