Japan's Inflation at 2.2 Percent in March

  • 2/10/2023
  • 19:58
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Tokyo, Rajab 12, 1436, May 1, 2015, SPA -- Consumer prices in Japan rose 2.2 percent in March from a year earlier amid a slight recovery in oil prices, the government said Friday. The inflation rate rose from 2 percent in February, dpa quoted the Ministry of Internal Affairs and Communications as saying. The core consumer price index, which excludes fresh food, stood at 103.0 in March against a base of 100 for 2010, the ministry said. The ministry also reported on Friday that Japan's household spending in March plunged an inflation-adjusted 10.6 percent from a year earlier to 317,579 yen, in reaction to a surge in demand before the tax hike in April 2014. --SPA 15:25 LOCAL TIME 12:25 GMT www.spa.gov.sa/w

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