ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Japan inflation spreads to services as key index hits 41-year high

Rising costs, recovery in tourism help drive uptrend in consumer prices

Tourists stroll by a temple in Asakusa, a popular sightseeing spot in Tokyo. The recovery in tourism has helped lift prices for services.   © Reuters

TOKYO -- Inflation is starting to reach Japan's service sector as monthly data points to rising prices in fields ranging from hotels to dry cleaning to transportation.

Japan's consumer price index excluding fresh foods increased 3.4% on the year in April, the Ministry of Internal Affairs and Communications announced Friday. This marked the 20th straight month of gains and the first increase in the growth rate in three months.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more