Reported about 8 hours ago
Japan's inflation rate surged to 3% in December, the highest in 16 months, driven by rising energy prices, prompting expectations for the Bank of Japan to implement a rate hike. This increase aligns with earlier Tokyo inflation data and reflects widespread market forecasts. As the government introduces economic measures to support low-income households, the rising costs continue to challenge consumers amidst stagnant wage growth.
Source: YAHOO