Consumer prices continued to rise in Japan in May.
But the pace of increase slowed as some people saw lower electricity and gas bills.
The internal affairs ministry says the consumer price index, excluding fresh food, rose 3.2 percent last month from a year earlier.
The figure was down slightly from the previous month.
It's the first time that has happened in three months.
This came after electricity rates dropped due to government subsidies and overall energy costs stabilized.
The decline in electricity prices was 17.1 percent.
Meanwhile, most food prices rose. The figure, excluding fresh items, increased by 9.2 percent from a year earlier.
That's the biggest jump in about 47 years.
Cooked items gained by 9.4 percent and the cost of dining out was up 6.4 percent.
Egg prices soared by 35.6 percent and chocolate was up 14.4 percent.
But the pace of increase slowed as some people saw lower electricity and gas bills.
The internal affairs ministry says the consumer price index, excluding fresh food, rose 3.2 percent last month from a year earlier.
The figure was down slightly from the previous month.
It's the first time that has happened in three months.
This came after electricity rates dropped due to government subsidies and overall energy costs stabilized.
The decline in electricity prices was 17.1 percent.
Meanwhile, most food prices rose. The figure, excluding fresh items, increased by 9.2 percent from a year earlier.
That's the biggest jump in about 47 years.
Cooked items gained by 9.4 percent and the cost of dining out was up 6.4 percent.
Egg prices soared by 35.6 percent and chocolate was up 14.4 percent.
Similar Readings (5 items)
Japan consumer prices rise for 6th month as energy costs soar
Sharply higher food prices push up Japan's CPI
Japan inflation up slightly as food prices soar
Japan inflation picks up for first time in 4 months
Japan's consumer price index up 3.1% in July
Summary
Japan experienced a slowdown in consumer price increase in May, with some individuals reporting lower electricity and gas bills. The internal affairs ministry reports that the consumer price index, excluding fresh food, rose 3.2% year-on-year, a slight decrease from the previous month and the
Statistics
141
Words1
Read CountDetails
ID: ca8461da-ccd7-4f02-946a-043114d0d0b2
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20230623_19/
Date: June 23, 2023
Created: 2023/06/23 18:39
Updated: 2025/12/09 02:38
Last Read: 2023/06/23 18:42