Japan's consumer inflation hits fresh 40-year high | CNN Business

  • 📰 cnni
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 59%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Japan’s core consumer inflation has hit a fresh four-decade high

Japan’s core consumer inflation hit a fresh four-decade high as companies continued to pass on rising costs to households, data showed, a sign price hikes were broadening and could keep the central bank under pressure to whittle down massive stimulus. Months before Tuesday’s surprise tweak to its yield control policy, Bank of Japan policymakers had discussed the potential market impact of a future exit from ultra-low interest rates, minutes of their October meeting showed Friday.

But an index stripping away such one-off factors may remain elevated and keep pressure on the BOJ to remain vigilant to the chance of a demand-driven rise in inflation. The so-called “core-core” index, which excludes both fresh food and energy prices, rose 2.8% in November from a year earlier, accelerating from a 2.5% increase in October.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 326. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lionel Messi's World Cup photos are most-liked Instagram post ever | CNN BusinessA photo gallery by Argentine footballer Lionel Messi has become the most-liked Instagram post ever. This is recorded in history forever. Super important news. You mean the rigged trophy giving by this pathetic people. Haha 😂
Source: cnni - 🏆 326. / 59 Read more »

Xiaomi layoffs: Thousands of tech jobs cut as China's unemployment crisis deepens | CNN BusinessXiaomi, one of the world's largest smartphone makers, has begun layoffs in China at a time when the world's second largest economy is grappling with an enormous unemployment crisis. People DO NOT want to buy Made in China Nor Made by Chinese as they are Toxic Poor Quality,Waste of Money, Spyware,Companies Do Frauds,Hacking,Serious threat Do Coercion to all Nations Integrity,Democracy, freedom due to Bad Human Rights Record,Atrocities on Tibet Hongkong Taiwan Shut down your economy again and again. . . Your economy suffers? Huh. 小米这是顺势而退哈,看穿了吗?ccp说的天花乱坠也不再中计,躺平蓄势待发吧。
Source: cnni - 🏆 326. / 59 Read more »

Trump paid no federal income tax in his last year as president | CNN BusinessFormer President Donald Trump reported a stunning reversal of fortune during the middle two years of his presidency that led to a considerable tax bill, according to a report from the Joint Committee on Taxation released Tuesday night. Trump also donated his presidential salary for 4 straights years to many different charities. He’s a great man. Biden and Obama did not donate their salaries because they are both scum. Yo. Been to the El Paso Airport? No shit. HE DONATED HIS ENTIRE SALARY AND GAVE UP HIS BUSINESSES to make our country great again. So he had No taxable income. MAGA
Source: CNN - 🏆 4. / 95 Read more »

The UK just took a step closer to space flight | CNN BusinessThe United Kingdom is one step closer to conducting its first ever satellite launch from its own shores. Virgin is one step closer to conducting its first ever satellite launch from the united kingdom They've been waiting until technology advanced to the point of producing tea in space. UK should be proud or embarrassed by this 🤔
Source: cnni - 🏆 326. / 59 Read more »

Sam Bankman-Fried seeks bail deal while being extradited to US | CNN BusinessLawyers for Sam Bankman-Fried are negotiating with federal prosecutors in New York on a bail arrangement that would enable him to avoid detention, people familiar with the matter told CNN. Ha! Really? This man was the second biggest Democrat campaign donor after Soros! just like our ol' good friend - philanthropist from NY - life - no parrol 'Bernard Lawrence Madoff (April 29, 1938 – April 14, 2021) was an American fraudster and financier who ran the largest Ponzi scheme in history, worth about $64.8 billion. DOJPH - NO BAIL He's sure lucky considering other big crypto guys are found dead under suspicious circumstances.
Source: cnni - 🏆 326. / 59 Read more »

Home sales continued to drop in November | CNN BusinessHome sales in the United States declined for the 10th month in a row in November as surging mortgage rates topped 7% and stubbornly high prices kept buyers out of the market. Same thing in Canada.... No worries, they can sleep in their electric cars
Source: CNN - 🏆 4. / 95 Read more »