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Financial News: Japan Inflation Steady At 0.7% In June

Japan Inflation Steady At 0.7% In June

07/18/2019 - 20:16:00 (RTTNews)

(RTTNews) - Overall nationwide consumer prices were up 0.7 percent on year in June, the Ministry of Internal Affairs and Communications said on Friday - unchanged and in line with expectations.

Core consumer prices, which excludes food prices, rose an annual 0.6 percent - again matching forecasts and down from 0.8 percent in the previous month.

Individually, prices were up for food, fuel, furniture and recreation; they were down for communications and transportation.

On a seasonally adjusted monthly basis, overall inflation was flat and core CPI eased 0.1 percent.

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