TOKYO, Oct 2 : Annual core inflation in Japan's capital accelerated in September at the fastest pace in 10 months, highlighting mounting price pressures that bolster the case for further interest rate hikes.The data, considered a leading indicator of nationwide trends, will be among factors the Bank of Japan
The Ministry of Internal Affairs and Communications announced on the 2nd that the consumer price index for Tokyo's 23 wards in September (mid-month preliminary figures, 2025=100) was 102.6, excluding volatile fresh food prices, representing a 2.7% increase compared to the same month last year. This growth rate expanded from 1.8% in August, reaching over 2% for the first time in eight months.