Japan inflation hits 13-month low, stays above BOJ target

September's index increase eased to 2.8% as food price hikes slow

20231019 Ginza shopping

Pedestrians walk in Ginza, a popular shopping area in Tokyo. (Photo by Suzu Takahashi)

CHIHIRO ISHIKAWA, Nikkei staff writer

TOKYO -- Japan's core consumer price index climbed 2.8% in September from a year earlier, down from a 3.1% increase in August as the pace of hikes in the cost of food slowed, official data showed on Friday.

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