TOKYO -- Japan's core inflation rate rose for the first time in three months in May due to higher electricity costs, staying above the central bank's 2% target, government data released on Friday shows.
Inflation
Japan's inflation rose in May due to rising electricity costs
Core CPI gained 2.5%, accelarating for the first time in three months
A supermarket in Tokyo. Japan's core inflation rose for the first time in three months in May, but the pace slowed if both fresh foods and energy are excluded. (Photo by Yusuke Yagi)
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