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Japan Inflation Cools without Sales Tax Hike

  • Writer: Admin
    Admin
  • Dec 2, 2019
  • 1 min read

Updated: Dec 9, 2019

The nationwide core consumer price index (CPI), which includes oil costs but excludes volatile fresh food prices in Japan, rose 0.4% in October from a year earlier. Excluding the impact of the sales tax hike rolled out in October, annual core consumer inflation was 0.2% in October, slowing from 0.3% in September, government data showed.


The annual core consumer inflation was almost flat in October despite the boost from a sales tax hike during the month.



- APMR News




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