Japan's Inflation Reaches Two-Year High, Fueling Rate Hike Expectations
TL;DR
Rice prices in Japan more than doubled in May, increasing by 101.7% year over year, driven by rising inflation and government measures, while core inflation reached its highest since January 2023 at 3.7%, impacting household spending and economic outlooks.
- Japan's core inflation hits highest level since January 2023, putting pressure on BOJ to raise rates CNBC
- Japan's core inflation hits 2-year high, keeps rate-hike bets alive Reuters
- Japan’s Prices Climb by Most in Two Years Ahead of Election Bloomberg.com
- JGB Futures Lower After Firmer Inflation Data WSJ
- Economic calendar Asia 20 June 2025: Japanese inflation data for May expected above target TradingView
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