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Tokyo's Inflation Accelerates to 3.4% in December 2024
Friday, 31 January 2025 08:11 WIB | ECONOMY |

Tokyo's inflation accelerated in December 2024, with the headline consumer price index posting at 3.4% after a lower increase of 3.1% in the prior month, data released by Statistics of Japan on Friday showed.

The reading, which includes all items, is the highest since April 2023.

The core CPI, which doesn't count fresh food items, was up 2.5% over the same month in the previous year after a 2.4% gain in November 2024.

Food prices, excluding perishables, climbed 4.7% in December, faster compared with the 4% rise a month before.

Rent prices, on the other hand, have been growing steadily by 0.6% since May but slower than November and October's 0.7%, the data showed.

Source: MT Newswires

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