Japan August core CPI rises 1.7 percent

Japan core consumer prices increased by 1.7 percent in August compared to the previous year. The data fell slightly short of the median market forecast for an 1.8 percent rise.

A woman looks at items at a shop in Tokyo, Japan, March 24, 2023. REUTERS/Androniki Christodoulou

Japan's core consumer prices rose 1.7% in August from a year earlier, data showed on Friday morning. The increase missed the median market forecast for a 1.8% rise. The inflation print highlights ongoing economic headwinds facing domestic demand.

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