BEAMSTART Logo

Japan's May consumer inflation tops BOJ target for 2nd straight month

Channel News Asia LogoChannel News Asia1d ago

Japan's May consumer inflation tops BOJ target for 2nd straight month

Quick Summary

TOKYO : Japan's annual core consumer inflation topped the central bank's target for a second straight month in May, data showed on Friday, highlighting the intensifying pressure on the country's fragile economy from soaring global raw material costs.

By clicking subscribe, I agree to receive news updates and promotional material from Mediacorp and Mediacorp's partners.

FILE PHOTO: A man looks at a shop at the Ameyoko shopping district in Tokyo, Japan, May 20, 2022.


More Pictures

Japan's May consumer inflation tops BOJ target for 2nd straight month - Channel News Asia (Picture 1)

or

Article Details

Category: Business

Topics: Consumer Inflation Data Target Costs Core Japan Year Cent Food Bank

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-24, 07:34:28

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Reading Time: 3 minutes read

Article Length: 365 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 6649

Load More

About Channel News Asia

Main Topics: Business

Official Website: channelnewsasia.com

Update Frequency: 8 posts per day

Year Established: 1999

Headquarters: Singapore

Last Updated: 4h ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Languages Covered: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #27

Load More

BEAMSTART brings you the latest news, jobs, and events from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2022 BEAMSTART. All Rights Reserved.