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Japan's core inflation hits 2.1% in September, marking a yearly high

CNBC +2 ·

  1. 1Japan's core inflation reached 2.1% in September, hitting its highest level this year.
  2. 2Core-core inflation in September stood at 2.4%.
  3. 3Finance Minister Satsuki Katayama said Japan is at a turning point toward a sustained era of inflation driven by wage increases.

So what's the key point?

Japan's inflation rate reached 2.1%, the highest level this year. This suggests Japan is entering an era where prices continue to rise as wages increase.

Source CNBC +2 · View original ↗

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