TOKYO (Reuters) -- Japan's core consumer prices rose 3.7% in May from a year earlier, data showed on Friday, marking the fastest annual pace in more than two years and keeping pressure on the central bank to resume interest rate hikes.
Inflation
Japan's core inflation hits 2-year high of 3.7% in May
Staple rice remains main driver, keeping pressure on BOJ's rate hikes
Bags of rice, Japan's staple food, are seen on the shelves at a supermarket in Miyazaki, Japan, on June 19. © Kyodo
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