Japan inflation hits four-decade high of 3.6% in October ...Middle East

Daily Sun - News
Japan inflation hits four-decade high of 3.6% in October
TOKYO: Japan's core consumer prices rose 3.6 percent year-on-year in October, the government said Friday, the highest level in four decades due largely to rising energy costs and a weak yen.The data, which excludes volatile fresh food prices, was slightly higher than analyst expectations of 3.5 percent in a Bloomberg survey and showed inflation at its highest rate since 1982.Last month, Prime Minister Fumio Kishida said the government would spend $260 billion on a stimulus package to cushion the economy from the impact of a weak yen and inflation.The package includes measures to encourage wage growth and support households with energy bills, which have spiked since Russia's invasion of Ukrai

Hence then, the article about japan inflation hits four decade high of 3 6 in october was published today ( ) and is available on Daily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Japan inflation hits four-decade high of 3.6% in October )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News