Japan's Cabinet Approves $141 Billion Stimulus to Boost Economy, Offset Living Costs
Inflation exceeded the target again in October, is it time for the Bank of Japan to take action?
The price of rice has reached a new high.
Japan's Inflation Eases to 2.3% in October, Lowest Since January
Under the expectations of interest rate hikes, inflation in Japan in October remains above the central bank's target.
The Japanese government reported on Friday that consumer prices excluding fresh food rose by 2.3% year-on-year in October, lower than the 2.4% in September. This increase was higher than the market's general expectation of 2.2%. The index, excluding energy costs and fresh food prices, rose by 2.3%, higher than the 2.1% in September.
Japan's Inflation Stays Above BOJ Target, Rate Hike Likely In December
Japan's Underlying Inflation Picks Up, Paving Way for December Rate Hike -- Update