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Tokyo consumer inflation rises at quickest pace in 41 years NHK

Consumer prices in Japan's capital continue to rise at their fastest pace in more than four decades.

Soaring electricity, gas, and food costs are hitting Tokyo residents especially hard.

The internal affairs ministry says the consumer-price index for January in the city's 23 wards is up 4.3 percent from a year ago. That's the quickest pace since May 1981.

Prices of non-fresh food have shot up 7.4 percent. The reading excludes fresh items because weather conditions cause their prices to fluctuate widely.

Energy is seeing double-digit rises on more expensive raw materials. Gas bills are up 39.0 percent, electricity 24.6 percent.

Tokyo's CPI is considered a leading indicator of inflation nationwide.
Summary
Consumer prices in Tokyo, Japan's capital, are experiencing their fastest increase in over four decades, with a year-on-year rise of 4.3%. Key drivers include soaring electricity, gas, and food costs, particularly non-fresh food prices which have increased by 7.4%. Energy costs have seen
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ID: 82e7f25a-fdee-49db-8367-cff5a6af3ca8

Category ID: nhk

URL: https://www3.nhk.or.jp/nhkworld/en/news/20230127_18/

Date: Jan. 27, 2023

Created: 2023/01/27 15:29

Updated: 2025/12/09 08:14

Last Read: 2023/01/27 18:56