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▼ Consumer Inflation In Tokyo Slows To 2% In January
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Consumer prices in Tokyo rose at a slower pace in January compared to the previous month. The abolition of a provisional gasoline tax helped bring down costs.
Preliminary figures from the internal affairs ministry show the Consumer Price Index for the capital's 23 wards rose 2 percent from a year ago.
The reading is down 0.3 percentage points from December. It excludes volatile figures for fresh foods.
Prices for non-perishable food items climbed 5.6 percent year-on-year, pushing the CPI higher.
The cost of rice rose more slowly than a year ago, but it was still up 26 percent.
The price of coffee beans surged 66.6 percent, while chocolate increased 24.4 percent.
Consumer prices in Tokyo are seen as a leading indicator of the nation's overall trend. Japan's CPI will be released on February 20.
Preliminary figures from the internal affairs ministry show the Consumer Price Index for the capital's 23 wards rose 2 percent from a year ago.
The reading is down 0.3 percentage points from December. It excludes volatile figures for fresh foods.
Prices for non-perishable food items climbed 5.6 percent year-on-year, pushing the CPI higher.
The cost of rice rose more slowly than a year ago, but it was still up 26 percent.
The price of coffee beans surged 66.6 percent, while chocolate increased 24.4 percent.
Consumer prices in Tokyo are seen as a leading indicator of the nation's overall trend. Japan's CPI will be released on February 20.
- 30/1 20:32
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