Financial News: Tokyo Inflation Accelerates In June

Tokyo Inflation Accelerates In June

06/26/2026 - 03:49:00 (RTTNews)

(RTTNews) - Inflation in Japan's capital accelerated in June, signaling broadening price pressures, official data showed Friday.

Excluding fresh food, consumer prices rose at a pace of 1.6 percent after climbing 1.3 percent in May, the Ministry of Internal Affairs and Communications reported. At the same time, headline inflation rose to 1.7 percent in June from 1.4 percent in May.

Excluding fresh food and energy, inflation increased to 1.9 percent from 1.6 percent. ING economist Min Joo Kang said second-round effects are likely to become more visible and push core inflation higher.

With core prices likely to accelerate going forward, ING brought forward Bank of Japan's rate hike call to October from December.

The economist expects an additional 25 basis point hike in the second quarter of 2027, with the terminal rate is expected to reach 1.75 percent by the end of the first half of 2027.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Leading Economic Index Dips Slightly More Than Expected In June (07 hr(s), 39 min(s), 21 sec(s) ago)
(RTTNews) - Partially reversing gains registered in May and April, the Conference Board released a ...Full Story»

Portugal Proucer Price Inflation Eases To 5.0% (11 hr(s), 04 min(s), 21 sec(s) ago)
(RTTNews) - Portugal's producer price inflation slowed marginally in June from a more than thr ...Full Story»

Poland Industrial Output Growth Hits 9-month High; Producer Price Inflation Eases (13 hr(s), 09 min(s), 21 sec(s) ago)
(RTTNews) - Poland's industrial production expanded at the quickest pace in nine months in Jun ...Full Story»

China Holds Loan Prime Rates As Expected (13 hr(s), 10 min(s), 21 sec(s) ago)
(RTTNews) - China maintained its loan prime rates unchanged for the fourteenth consecutive month, ...Full Story»

Estonia Producer Price Inflation Rises To 3.8% (14 hr(s), 33 min(s), 21 sec(s) ago)
(RTTNews) - Estonia's producer price inflation accelerated for the third straight month in Jun ...Full Story»

Germany Producer Prices Rise For Third Month (15 hr(s), 17 min(s), 21 sec(s) ago)
(RTTNews) - Germany's producer prices increased for the third straight month in June, data fro ...Full Story»

Malaysia Trade Surplus Grows In June (15 hr(s), 19 min(s), 21 sec(s) ago)
(RTTNews) - The Malaysian foreign trade surplus increased notably in June from a year ago as expor ...Full Story»

New Zealand Trade Surplus NZ$23 Million In June (14 min(s), 39 sec(s) ago)
(RTTNews) - New Zealand posted a merchandise trade surplus of NZ$23 million in June, Statistics Ne ...Full Story»