Tokyo inflation likely accelerated on suspended energy subsidies: Reuters poll

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TOKYO : Consumer inflation in Tokyo likely accelerated in December on higher food costs and after the government's suspension of its gas and electricity subsidies, a Reuters poll showed on Friday.

The expected pickup could prod the Bank of Japan, which decided to keep interest rates unchanged at 0.

It will also announce retail sales figures, which were expected to have jumped 1.7 per cent in November from a year ago.

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Article Details

Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Expected November Japan Food Costs Tokyo Showed Cent Prices Core Government

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-20 @ 12:24:30 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 474 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 24565881

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 26 posts per day

Year Established: 1999

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News Last Updated: 8 hours ago

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