1. Japan's consumer inflation increased in August compared to the same period last year, but at a slower pace due to decreased utility costs.
2. The Consumer Price Index without fresh food was up by 2.7% in August, marking a drop of 0.4 percentage points from the previous month.
3. Despite this decrease, food prices continue to rise significantly, with items such as rice, chocolate, coffee beans, and onigiri rice balls experiencing increases of nearly 70%, 49%, 47%, and 18.5% respectively.
2. The Consumer Price Index without fresh food was up by 2.7% in August, marking a drop of 0.4 percentage points from the previous month.
3. Despite this decrease, food prices continue to rise significantly, with items such as rice, chocolate, coffee beans, and onigiri rice balls experiencing increases of nearly 70%, 49%, 47%, and 18.5% respectively.
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Summary
Japan's consumer inflation decreased slightly in August compared to the previous month, with a 2.7% year-on-year rise in the Consumer Price Index excluding fresh food. However, food prices continue to escalate, with rice, chocolate, coffee beans, and onigiri rice balls experiencing increases of