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

Thirty-Year Bond Auction Attracts Average Demand (35 min(s), 32 sec(s) ago)
(RTTNews) - The Treasury Department finished off this week's series of announcements of the re ...Full Story»

U.S. Producer Prices Unexpectedly Flat In July, Annual Growth Slows To 4.7% (03 hr(s), 31 min(s), 32 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Thursday showed producer prices in the U. ...Full Story»

U.S. Jobless Claims Climb More Than Expected To 209,000 (03 hr(s), 57 min(s), 32 sec(s) ago)
(RTTNews) - First-time claims for U.S. unemployment benefits climbed by more than expected in the ...Full Story»

Turkey Current Account Gap Widens In June (04 hr(s), 48 min(s), 32 sec(s) ago)
(RTTNews) - Turkey's current account deficit increased in June from the previous year, accordi ...Full Story»

U.S. Producer Prices Unexpectedly Unchanged In July (05 hr(s), 06 min(s), 32 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Thursday showed producer prices in the U. ...Full Story»

U.S. Weekly Jobless Claims Climb More Than Expected (05 hr(s), 09 min(s), 32 sec(s) ago)
(RTTNews) - First-time claims for U.S. unemployment benefits climbed by more than expected in the ...Full Story»

Croatia Producer Price Inflation Eases To 4.9% (06 hr(s), 17 min(s), 32 sec(s) ago)
(RTTNews) - Croatia's producer price inflation eased for the second straight month in July, fi ...Full Story»

Norway Keeps Key Interest Rate Unchanged (06 hr(s), 41 min(s), 32 sec(s) ago)
(RTTNews) - Norges Bank left its key interest rate unchanged on Thursday but kept the door open fo ...Full Story»