It has stayed put despite headline and core inflation running above its target of 2% since April 2022, and despite headline inflation's two-year high of 4% in January. So-called "core-core ...

A Japanese Labour Ministry panel on Monday proposed a 6% increase in the national average minimum wage for this fiscal year, ...

The surge in rice prices comes as Japan's core inflation rate climbed to 3.7% in May, marking its highest level since January 2023. The figure — which strips out costs for fresh food — was ...

The core consumer inflation rate hit a more than two-year high of 3.7% in May, remaining above the BOJ's 2% target for well over three years, due largely to a surge in food costs.

Major central banks have hiked their policy rates in the face of surging inflation since the Covid-19 pandemic — but the Bank of Japan has been an outlier. Stream Los Angeles News for free, 24/7 ...

The surge in rice prices comes as Japan's core inflation rate climbed to 3.7% in May, marking its highest level since January 2023.

Major central banks hiked their policy rates in the face of surging inflation, but the Bank of Japan has been an outlier. Food inflation, especially rice prices, is a major factor behind the rise ...