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.