TOKYO -- Japan's core inflation rate rose for the second straight month in June, pushed higher by rising electricity costs, and stayed above the central bank's 2% target, government data released on Friday shows.
Inflation
Japan's inflation rate rose for second consecutive month in June
Core CPI gained 2.6%, above BOJ target, as subsidies for electricity rolled back
Japan's June consumer price index rise reflects the end of government subsidies for electricity and gas introduced in 2023. (Photo by Yuki Nakao)
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