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On May 4, 2023, residential and commercial properties near the Shibui county.
Richard A. Brooks | AFP | Gets the image
In July, the main level of inflation of Japan cooled to 3.1%, declining 3.3% a month before rice inflation continued easily easily.
The figure – who deprived the cost of fresh food – was higher than 3%expecting economists surveyed by Reuters.
Capital inflation in the country has also dropped to 3.1%, decreasing from 3.3% in June and marking its lowest since November 2024.
The so -called “basic” inflation rate, which deprives the cost of both fresh food and energy and is carefully monitored by BOJ, 3.4%.
In July, rice inflation decreased to 90.7%, which decreased in June compared to 100.2%, and two months later, during which prices doubled.
Prices for rice showed signs of relaxation after rice deficit and rise in rice prevailing in headlines in the country earlier this year, with Data from the Agricultural Ministry of Japan Showing that the average five -kilogram bag in supermarkets is sold for 3,737 Japanese yen ($ 25.34) for the week of August 4.
At the highest, Rice on average occupied 4.285 yen per five kilogram bag, while premium brands reached 4469.
The Central Bank of Japan has updated its inflation forecasts in its report on economic forecasts Released on July 31Speaking that the main inflation will be 2.7% for its 2025 financial year – ending in March 2026 – compared to the previous forecast of 2.2%.
Nuclear inflation expectations were increased to 2.8% with 2.3%.
Figure of inflation goes after Japan’s economy grew by 0.3%than expected 0.3% In the second quarter, pure exports are mainly maintained from the previous three months.
However Japan Trade saw a sluggish number in JulyWhen exports are dropped at the most at four years, because deliveries to the two largest markets – the United States and China – have fallen.
Japan reached an agreement with Washington on July 22 that saw the so -called “Mutual tariff” decreased to 15% Of 25% threaten US President Donald Trump earlier this month.
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