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Japan Inflation June 2023

Japan: Inflation increases in June

Inflation inched up to 3.3% in June from May’s 3.2%.

The trend pointed up slightly, with annual average inflation coming in at 3.4% in June (May: 3.3%). Meanwhile, core inflation was stable, coming in at May’s 3.2% in June.

Finally, consumer prices increased 0.07% in June over the previous month, matching May’s reading. June’s result marked the weakest reading since February.

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