Japan's consumer prices rose for the sixth straight month as people paid more for gasoline and electricity.
The internal affairs ministry said on Friday the Consumer Price Index excluding fresh food was up 0.6 percent from a year ago in February.
Overall energy prices surged 20.5 percent. That is the biggest jump in 41 years, and does not fully factor in the impact of Russia's invasion of Ukraine.
Gasoline was up 22.2 percent and kerosene 33.5 percent. Electricity bills jumped 19.7 percent.
Food prices rose by 2.8 percent. Groceries account for a large portion of spending by households.
The internal affairs ministry said on Friday the Consumer Price Index excluding fresh food was up 0.6 percent from a year ago in February.
Overall energy prices surged 20.5 percent. That is the biggest jump in 41 years, and does not fully factor in the impact of Russia's invasion of Ukraine.
Gasoline was up 22.2 percent and kerosene 33.5 percent. Electricity bills jumped 19.7 percent.
Food prices rose by 2.8 percent. Groceries account for a large portion of spending by households.
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Summary
Japan experienced a sixth consecutive monthly increase in consumer prices, with key drivers being energy and food costs. The Consumer Price Index, excluding fresh food, increased by 0.6% year-on-year in February. Energy prices surged by 20.5%, marking the largest jump in 41 years, not fully
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ID: 62346fa5-d140-4b9e-a762-3e8235ed5dbd
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20220318_32/
Date: March 18, 2022
Created: 2022/03/18 20:40
Updated: 2025/12/09 17:30
Last Read: 2022/03/18 20:40