Tokyo Inflation Falls Below 2%

LIKE.TG 成立于2020年,总部位于马来西亚,是首家汇集全球互联网产品,提供一站式软件产品解决方案的综合性品牌。唯一官方网站:www.like.tg
(RTTNews) - Inflation in Japan's capital Tokyo fell below 2 percent for the first time since May, data from the Ministry of Internal Affairs and Communications showed Friday.
Excluding fresh food, consumer price inflation weakened to 1.8 percent in October from 2.0 percent in September. Inflation was seen at 1.7 percent. The rate fell below 2.0 percent for the first time in five months.
Likewise, overall consumer price inflation slowed to 1.8 percent from 2.1 percent a month ago.
Further, inflation excluding fresh food and energy also stood at 1.8 percent, up from 1.6 percent a month ago.
The Bank of Japan is set to announce its monetary policy decision on October 31. The bank had signaled that a hike is unlikely this month. The bank was widely criticized for poor communication when it lifted the rate in July.
The timing of the next rate hike is highly uncertain for now, but the BoJ is expected to raise its policy rate to 1.0 percent by the end of next year, ING economist Min Joo Kang said. Elsewhere, data from the Bank of Japan showed that corporate services producer prices index advanced 2.6 percent on a yearly basis in September after an increase of 2.8 percent in August.
On a monthly basis, the services PPI edged down 0.1 percent after staying flat in August.

现在关注【LIKE.TG出海指南频道】、【LIKE.TG大客户服务频道】,即可免费领取【WhatsApp、LINE、Telegram、Twitter、ZALO云控】等获客工具试用、【住宅IP、号段筛选】等免费资源,机会难得,快来解锁更多资源,助力您的业务飞速成长!点击【联系客服】
本文由LIKE.TG编辑部转载自互联网并编辑,如有侵权影响,请联系官方客服,将为您妥善处理。
This article is republished from public internet and edited by the LIKE.TG editorial department. If there is any infringement, please contact our official customer service for proper handling.
Server deployment全球论坛人工智能论坛全球峰会发展论坛战略论坛开放论坛程序员论坛互联网峰会科技峰会