JPIRYY (November/2024) source: Ministry of Internal Affairs & Communications
- The annual inflation rate in Japan climbed to 2.9% in November 2024 from 2.3% in the prior month, marking the highest reading since October 2023. The core inflation rate rose to a 3-month high of 2.7% in November, up from 2.3% in October and surpassing estimates of 2.6%. Monthly, the CPI increased by 0.6%, the highest figure in 13 months.
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