Japan Inflation Softens Out as Energy Costs Push Headline to 1.9%
TL;DR
Japan's headline inflation climbed to 1.9% in July—the year's high—driven by renewed energy costs and a 7.2% surge in wholesale prices, even as subsidies kept consumer inflation relatively muted; core-core inflation sits near 1.9%, fueling expectations of a BOJ rate hike in September as price pressures persist.
- Japan headline inflation rate hits highest this year as energy prices bite CNBC
- Japanese inflation picks up as Iran war disruption bites Financial Times
- Japan's core inflation accelerates in July, bolsters case for rate hike Reuters
- Japan Inflation Picks Up as Rate-Boost Bets Firm WSJ
- Macroscope | Japan isn’t the only Asian economy giving bond markets a headache South China Morning Post
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