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Consumer inflation in Tokyo rises at fastest pace in 40 years - Nikkei Asia

Nikkei Asia LogoNikkei Asia4d ago

Consumer inflation in Tokyo rises at fastest pace in 40 years - Nikkei Asia - Nikkei Asia

Quick Summary:

Tokyo's core consumer price index, which excludes fresh food but includes fuel costs, rose 3.6% in November from a year earlier.

TOKYO (Reuters) -- Core consumer prices in Japan's capital, considered a leading indicator of nationwide trends, rose 3.6% in November from a year earlier, marking the fastest annual pace in 40 years in a sign of broadening inflationary pressure.

The rise in the Tokyo core consumer price index (CPI), which excludes fresh food but includes fuel costs, exceeded a median market forecast for a 3.5% gain and accelerated from a 3.4% increase in October, government data showed on Friday.


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Article Details

Author / Journalist: Staff Writer

Category: InvestingFinanceAsia

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-25 @ 00:31:00 (4 days ago)

News Timezone: GMT +9:00

Ranking: #1452 (out of 2395 stories this day)

News Source URL: news.google.com

Language: English

Article Length: 177 words

Reading Time: 1 minutes read

Sentences: 8 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Nikkei Asia

News ID: 1919717

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About Nikkei Asia

Nikkei Asia Logo

Main Topics: InvestingFinanceAsia

Official Website: asia.nikkei.com

Update Frequency: 34 posts per day

Year Established: 1876

Headquarters: Japan

News Last Updated: 8 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +9:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #19

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The story "Consumer inflation in Tokyo rises at fastest pace in 40 years - Nikkei Asia" was covered 4 days ago by Nikkei Asia, a news publisher based in Japan.

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  • News ID: #1919717
  • URL: https://beamstart.com/news/consumer-inflation-in-tokyo-rises-16693368556237

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