Japan: Core inflation hits highest level since March 2020 in September
October 22, 2021
Core consumer prices—which exclude fresh food—increased 0.10% in September over the previous month, swinging from the 0.10% drop seen in August.
Core consumer prices rose 0.1% in September on an annual basis, contrasting August’s flat reading. September's figure marked the highest inflation rate since March 2020. Meanwhile, the trend pointed up slightly, with the annual average variation of core consumer prices coming in at minus 0.5% in September (August: -0.6%). Finally, consumer price inflation came in at 0.2% in September, contrasting the previous month's 0.4% decrease in prices.