Tokyo inflation remains stagnant after Japan’s October sales tax hike - News Daily

advertise

>

Monday, October 28, 2019

Tokyo inflation remains stagnant after Japan’s October sales tax hike

By Yoshiyasu Shida and Leika Kihara TOKYO (Reuters) - Core consumer prices in Tokyo, a leading indicator of nationwide inflation, rose 0.5% in October from a year earlier, data showed on Tuesday, staying distant from the Bank of Japan's elusive 2% target and keeping it under pressure to ramp up stimulus.

The post Tokyo inflation remains stagnant after Japan’s October sales tax hike appeared first on Firstpost.



from Firstpost https://ift.tt/2Nhbmyi

No comments:

Post a Comment