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Japanese inflation decreases to 3.7% in February, compared to a two -year high

On February 14, 2025, the owner of the Tadao Koike Rice Store carries a bag of rice in Tokyo.

Yuichi Yamazaki |

Capital inflation in Japan increased by 3.7% in February a year, mitigating a two -year maximum of 4% in January.

The main inflation – which eliminates fresh food prices – was 3%, below January 3.2%. However, the main inflation rate was higher, expecting 2.9% of the economists surveyed by Reuters.

Inflation figures come shortly after the Japanese Bank is steadily rendering interest rates.

The so -called “basic” inflation rate, which deprives prices of both fresh food and energy and is carefully monitored by BOJ, increased to 2.6% from 2.5% a month earlier.

In his statement, The Central Bank stated that “which is at the heart of IPC inflation, it is expected gradually” and “usually consistent” with the aim of 2%.

Boj noted that the main inflation will probably increase for its 2025 financial year, from the high prices for rice and weakening government measures to cancel inflation.

The development of the exchange rate can also affect the prices, BOJ added, saying that “there remains high uncertainty related to the economic activity and prices of Japan, including the developing situation regarding trade and other politicians in each jurisdiction.”

The inflation number also came against the backdrop of strong wages reached as a result of trade unions at the talks on the Shunt’s wages, which increases the case to BOJ continued to normalize its monetary policy.

Japan’s largest union on March 14 announced that he succeeded on average By 5.46% increase of wages Since April, its largest growth in the three decades.

The Japanese Trade Union Confederation, or Renga, which has about 7 million members, said the first table of results covering 760 trade unions is 0.18 percentage higher than last year by 5.28%.

Japan's internal data

Small and medium -sized business increased by 5.09%, which is 0.67 percentage compared to last year and for the first time since 1992, which raise wages for such companies cross -section.

UA Zensen, Umbrella Group representing retail, restaurant and other industry unions, reports that 139 received unions Average increase by 5.37% in monthly salary For full -time workers, just under 2024, an indicator of 5.91%.

This is conducting the news, please check additional updates.

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