Tokyo, May 23, 2025 (AFP) - Japan core inflation tops forecasts as rice prices almost double

NAMPA / AFP
2025-05-23
Japanese inflation spiked to a two-year high in April, data showed Friday, as rice prices almost doubled, turning focus on the central bank as it mulls more interest rate hikes amid the Trump administration's trade war. The uptick heaps pressure on Japan's Prime Minister Shigeru Ishiba ahead of July's elections and after a minister was forced to resign over a gaffe about the staple while officials dipped into emergency stockpiles. Core inflation......
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