Japan's core consumer prices jump 3.1 pct in March

STORY: Japan's core consumer prices jump 3.1 pct in March DATELINE: April 22, 2023 LENGTH: 00:00:38 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of city views in Tokyo STORYLINE: Japan's core consumer prices jumped 3.1 percent in March from a year earlier, with food prices and those for durable goods surging, the government said in a report on Friday. The Ministry of Internal Affairs and Communications said the nationwide core consumer price index (CPI), excluding volatile fresh food items in fiscal 2022, climbed 3.0 percent from a year earlier, marking the sharpest rise since 1981. The headline figure has remained above the Bank of Japan's 2 percent inflation target for a complete year, the data showed, although government subsidies for household energy use helped soften energy prices, the data showed. But while energy prices went down 3.8 percent, with electricity, gasoline and kerosene prices dropping from a year ago, food prices leapt 8.2 percent in March. The rise in food prices was the

• Product Code
• ILEA001265617

• Registered date
• 2023/4/22 00:00:00

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• Xinhua / Kyodo News Images

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• Xinhua News Agency.All Rights Reserved

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