Japan's inflation rate is predicted to rise in February due to fading fuel subsidies, and exports show a 5.3% increase.

A Reuters poll predicts Japan's inflation rate to have increased in February due to fading government fuel subsidies, with the core consumer price index (CPI) likely rising by 2.8% year-on-year. This acceleration bolsters expectations that the Bank of Japan may soon abandon negative interest rates. Japan's exports also saw a 5.3% increase in February compared to the same month last year.

March 15, 2024
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