Braking Down The News

Japan Inflation Shows Early Signs of Hitting a Peak

Price rises ease slightly in June, but a weak yen and volatile oil prices continue to make situation unstable


TOKYO—Inflation in Japan is showing tentative signs of peaking as global oil prices stabilize and consumers resist price increases.

Prices overall in Japan rose 2.4% in June from a year earlier, the government said Friday, a slight decline from the 2.5% year-over-year rise recorded in April and May. On a month-to-month basis, prices were 0.1% higher in June compared with May, a smaller rise than May’s 0.2% increase compared with April.


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