Tokyo's September consumer inflation fell to 2.0% due to reduced energy prices, aligning with national trend predictions.
In September, consumer inflation in Tokyo fell to 2.0%, the lowest since May, following Prime Minister Fumio Kishida's reinstatement of energy subsidies to help households. The decline was aided by reduced electricity and gas prices, lowering overall inflation by 0.5 percentage points. This trend is significant as Tokyo's inflation often predicts national price movements. Economists' expectations were met with these developments.
September 27, 2024
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