Japan inflation flat at 3.1% in August

The Japanese economy remains fragile while the current super-easy monetary policy is expected to remain as inflation eases. – EPA pic, September 22, 2023.

JAPAN’S consumer price inflation was 3.1% in August, unchanged from July, official data showed today, putting further pressure on Prime Minister Fumio Kishida.

The data, excluding fresh food, came slightly higher than market expectations for a 3.0% rise in the world’s third-largest economy.

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