Japan's consumer inflation slows to 3.1% in July

Nikkei Asia | Aug. 17, 2023, 8 p.m. | Original

TOKYO -- Japan's core consumer price index, which excludes fresh food, rose 3.1% in July from a year earlier, down from a 3.3% rise in June, according to official data released Friday.

The latest figure stayed above the Bank of Japan's 2% target for the 16th consecutive month.

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