Core Consumer Prices in Tokyo-March 2023

30 March 2023

Core consumer prices in Tokyo, a leading indicator of nationwide trends, rose 3.2% in March from a year earlier. Core consumer inflation in Japan's capital Tokyo slowed in March for a second month but remained well above the central bank's 2% target, data showed on Friday, highlighting broadening price pressures in the world's third-largest economy. The pace of increase slowed from a 3.3% gain in February and a nearly 42-year high of 4.3% hit in January, due largely to the effect of government subsidies to curb utility bills.
Source: Reuters
Post by: Republic of Türkiye Ministry of Trade