Japan Core Consumer Prices Rise 1.8 Percent in March

Japan core consumer price index rose 1.8 percent in March from a year ago. Prices excluding fresh food and energy increased 2.4 percent during the same period.

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Government data released on Friday indicates that consumer inflation in Japan remained steady through the end of the first quarter. The core consumer price index (CPI), a key metric that tracks price changes for goods and services including energy costs such as West Texas Oil and Brent Crude Oil but excluding volatile fresh food, rose 1.8% in March compared to the previous year.

A customer dines at a Tokyo marketplace restaurant beneath signs displaying meal prices in March 2023. REUTERS/Androniki Christodoulou/File Photo
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