FOREX TradingCharts.com

Financial News: Japan Core Inflation At 40-Year High

Japan Core Inflation At 40-Year High

11/17/2022 - 23:47:00 (RTTNews)

(RTTNews) - Japan's consumer price inflation rose to a 40-year high in October as weaker yen lifted prices of imported goods, data from the Ministry of Internal Affairs and Communications revealed Friday.

Core inflation that excludes fresh food advanced to 3.6 percent from 3.0 percent a month ago. This was the strongest since early 1982 and slightly above economists' forecast of 3.5 percent.

Consumer price inflation rose to 3.7 percent in October from 3.0 percent in September. Inflation has remained above the central bank's 2 percent target for the seventh straight month.

Despite higher inflation, the Bank of Japan will remain steadfast in maintaining its ultra-easy monetary policy, Capital Economics economist Darren Tay said.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Employment Jumps By 263,00 Jobs In November, More Than Expected (02 hr(s), 11 min(s), 05 sec(s) ago)
(RTTNews) - A closely watched report released by the Labor Department on Friday showed employment ...Full Story»

Slovakia Q3 Jobless Rate Falls Slightly (02 hr(s), 44 min(s), 05 sec(s) ago)
(RTTNews) - Slovakia's unemployment rate decreased marginally in the third quarter, figures fr ...Full Story»

U.S. Employment Jumps More Than Expected In November (03 hr(s), 15 min(s), 05 sec(s) ago)
(RTTNews) - A closely watched report released by the Labor Department on Friday showed employment ...Full Story»

Eurocoin Indicator Falls In November (03 hr(s), 17 min(s), 05 sec(s) ago)
(RTTNews) - An indicator reflecting the current economic situation in the euro area fell in Novemb ...Full Story»

Brazil Industrial Production Rises Unexpectedly (03 hr(s), 45 min(s), 05 sec(s) ago)
(RTTNews) - Brazil's industrial production expanded unexpectedly in October, after falling in ...Full Story»

Eurozone Producer Price Inflation Slows In October (04 hr(s), 12 min(s), 05 sec(s) ago)
(RTTNews) - Eurozone producer price inflation slowed for the second consecutive month in October r ...Full Story»

German Exports Fall Further Raising Risk Of Recession (04 hr(s), 29 min(s), 05 sec(s) ago)
(RTTNews) - Germany's exports declined for the second month in a row, as the global demand con ...Full Story»

Ireland Q3 Economic Growth Improves Slightly (04 hr(s), 30 min(s), 05 sec(s) ago)
(RTTNews) - The Irish economic growth improved marginally in the three months ended September, aft ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Employment Jumps By 263,00 Jobs In November, More Than Expected

12/02/2022 - 09:42 AM (RTTNews)
(RTTNews) - A closely watched report released by the Labor Department on Friday showed employment ...Full Story>>

Slovakia Q3 Jobless Rate Falls Slightly

12/02/2022 - 09:09 AM (RTTNews)
(RTTNews) - Slovakia's unemployment rate decreased marginally in the third quarter, figures fr ...Full Story>>

U.S. Employment Jumps More Than Expected In November

12/02/2022 - 08:38 AM (RTTNews)
(RTTNews) - A closely watched report released by the Labor Department on Friday showed employment ...Full Story>>

Eurocoin Indicator Falls In November

12/02/2022 - 08:36 AM (RTTNews)
(RTTNews) - An indicator reflecting the current economic situation in the euro area fell in Novemb ...Full Story>>

Brazil Industrial Production Rises Unexpectedly

12/02/2022 - 08:08 AM (RTTNews)
(RTTNews) - Brazil's industrial production expanded unexpectedly in October, after falling in ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.