Inflation & Prices
Tokyo Inflation Quickest in Two Years as Rice Prices Soar 93%
Non-fresh food items rose 6.4%, with rice prices soaring 93.8%.
Photographer: Soichiro Koriyama/BloombergTakeaways NEW
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The pace of inflation in Tokyo accelerated from the previous month to the fastest pace in two years, supporting the Bank of Japan’s rate-hike stance that is now complicated by uncertainty stemming from US tariff measures.