Thursday, 18 December 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Core inflation in Japan's capital slows in February
Friday, 28 February 2025 07:36 WIB | ECONOMY |JAPAN

Core consumer prices in Japan's capital rose 2.2% in February from a year earlier, data showed on Friday, slowing for the first time in four months but remaining well above the central bank's 2% target.
The persistently high inflation will likely support the case for the central bank to continue its monetary policy tightening campaign.
The increase in the core consumer price index (CPI), which excludes volatile fresh food costs, was slower than a median market forecast of 2.3% and a 2.5% gain in January.
A separate index that strips away the effects of both fresh food and fuel costs, closely watched by the BOJ as a broader price trend indicator, rose 1.9% in February from a year earlier, advancing at the same pace as the previous month.
The Tokyo inflation figures are considered a leading indicator of nationwide trends.
The government in January reinstated subsidies to curb electricity and gas bills. The resumption of the subsidies was reflected in bills this month.
Upward price pressure could pick up again in a few months as the government plans to phase out the subsidies by the end of March.
Prices of food have also soared in recent months, prompting the government to order a release of stockpiled rice to farm cooperatives to bring down costs.
The BOJ ended a decade of massive monetary stimulus last year and raised its short-term interest rate to 0.5% from 0.25% in January on the view that Japan was on the cusp of sustainably hitting its 2% inflation target.
BOJ Governor Kazuo Ueda has said the central bank will keep raising interest rates if Japan makes continued progress in durably achieving 2% inflation, solid wage growth and domestic demand.

Source: Investing.com

RELATED NEWS
US Pressure Increases on Venezuela...
Wednesday, 17 December 2025 23:45 WIB

The United States ordered a blockade of Venezuelan oil tankers because the Trump administration believes President Nicolás Maduro's regime is acting detrimentally to the United States and the world. T...

Treasury Secretary Bessent forecasts inflation drop in first half of 2026...
Tuesday, 16 December 2025 23:12 WIB

Treasury Secretary Scott Bessent expects a substantial drop in inflation during the first six months of 2026, according to statements made Tuesday on Fox Business. Bessent indicated that an announcem...

US Retail Sales Stagnated on Drop in Motor Vehicle Purchases ...
Tuesday, 16 December 2025 21:16 WIB

US retail sales were little changed in October as a decline at auto dealers and weaker gasoline receipts offset stronger spending in other categories. The value of retail purchases, not adjusted...

US Payrolls Rise 64,000 After October Drop, Unemployment Up...
Tuesday, 16 December 2025 20:59 WIB

US job growth remained sluggish in November and the unemployment rate rose to a four-year high, pointing to a continued cooling in the labor market after a weak October. Nonfarm payrolls increas...

Latest News: Nonfarm Payrolls Rise by 64,000 in November, Beating Expectations of 50,000...
Tuesday, 16 December 2025 20:39 WIB

Nonfarm Payrolls (NFP) in the United States rose by 64,000 in November, according to a report from the U.S. Bureau of Labor Statistics (BLS) on Tuesday. This figure was better than market expectations...

LATEST NEWS
Tech Rout Drags Wall Street Lower

US stocks closed sharply lower on Wednesday, with the S&P 500 falling 1.2% to mark a fourth consecutive session of losses. The Nasdaq dropped 1.8%, while the Dow Jones ended 228 points lower, also extending its losing streak to four...

Gold Nears Record Highs

Gold rose above $4,340 an ounce on Wednesday, nearing October's record highs, as investors bet on further Fed easing and sought safe havens amid renewed geopolitical tensions. Fed Governor Waller said rates could be up to a percentage point lower,...

European Stocks Cut Gains

European equities were mostly lower on Wednesday, reversing early gains and extending losses for a second consecutive session. The STOXX 50 fell 0.7%, while the STOXX 600 closed little changed. ASML Holding tumbled 4% after a Reuters report showed...

POPULAR NEWS
Williams says Fed policy in good position, sees inflation moderating in 2026.
Monday, 15 December 2025 23:13 WIB

New York Federal Reserve President John Williams said on Monday the U.S. central bank's interest rate cut last week leaves it in a good position to...

Stocks Jump in Broad Advance as Investors Bet Data This Week Will Show Strong Economy, Tame Inflation
Monday, 15 December 2025 21:47 WIB

Stocks rose Monday led by a broad array of names as traders bet data set for release this week will point to tame inflation and strong economic...

Asian Stocks Are in the Red Again - A Sign the AI ​​Bubble Is Starting to Burst?
Monday, 15 December 2025 07:30 WIB

Asian markets opened lower in the last full trading week of 2025, fueled by concerns about the prospects for tech company profits and growing AI...

Euro Weakens Slightly, Dollar Slowly Rebounds, Trend Reversal or Just a Breather?
Monday, 15 December 2025 08:23 WIB

Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10%...