Japan inflation hits four percent in December ...Middle East

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Japan inflation hits four percent in December
TOKYO: Japan's consumer prices rose four percent in December from a year earlier, a level not seen since December 1981, fuelled in part by higher energy bills, government data showed Thursday.The acceleration comes after a 3.7 percent increase in prices in November, and the data from the internal affairs ministry showed inflation for the 2022 calendar year stood at 2.3 percent.The figures were released days after Japan's central bank again opted to leave its ultra-easy monetary policy intact, bucking the trend set by peers abroad who have hiked rates to tackle rising prices.The December figure is well below the still sky-high levels that have sparked concern in the United States, Britain and

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