Inflation

Japan's core inflation falls to lowest level in 22 months

Core CPI, which excludes fresh food, slows to 2%, matching BOJ target

20240226 japan's supermarket

A person shops at a supermarket in Tokyo. (Photo by Nanami Sato)

CHIHIRO ISHIKAWA, Nikkei staff writer
February 27, 2024 09:06 JST
Updated on February 27, 2024 10:57 JST

TOKYO -- Japan's core inflation in January dropped for the third straight month to hit its lowest level in 22 months, matching the central bank's price stability target.

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