Japan's Core Inflation Holds Steady at 1.4% as Energy Costs Loom

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Source: CNBC
Japan's Core Inflation Holds Steady at 1.4% as Energy Costs Loom
Photo: CNBC
TL;DR Summary

Japan’s core inflation held steady at 1.4% in May, in line with forecasts, with headline inflation rising to 1.5% and core-core easing to 1.8%. The Bank of Japan warned that energy-price pressures could push inflation higher even as underlying prices stay contained, while the yen remained weak and producer prices rose due to energy costs.

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