Rising Energy Costs Push Japan's Inflation Rate to 1.6 Percent

Rising Energy Costs Push Japan's Inflation Rate to 1.6 Percent

2026-07-24 global

Tokyo, Friday, 24 July 2026.
Japan’s core inflation rose to 1.6 percent in June 2026. Driven by rising oil prices and a weak yen, this increase pressures the central bank to raise interest rates.

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Inflation Japanese economy