TOKYO -- Japan's core inflation rate accelerated for the third straight month in July due to higher electricity costs, remaining above the central bank's 2% target, according to government data released on Friday.
Core CPI gains 2.7% on temporary end of electricity and gas subsidies

A temporary end of government subsidies for electricity and gas have pushed inflation higher. (Photo by Konosuke Urata)
TOKYO -- Japan's core inflation rate accelerated for the third straight month in July due to higher electricity costs, remaining above the central bank's 2% target, according to government data released on Friday.