Japan Feb consumer prices to rise at fastest pace in 2 years on energy spike
Banner

Author Topic: Japan Feb consumer prices to rise at fastest pace in 2 years on energy spike  (Read 182 times)

0 Members and 1 Guest are viewing this topic.

geemong

  • Newbie
  • *
  • Posts: 9
  • Karma: +0/-0
  • Hello I am new here
    • View Profile
Japan Feb consumer prices to rise at fastest pace in 2 years on energy spike




Japan's consumer prices likely rose in February at the fastest annual pace in two years, a Reuters poll showed, as rising energy and commodity costs cast a shadow on consumer demand and the country's fragile economic recovery.

The best time to bet is slotxo หน้า เว็บ at 11pm onwards because the players are quite small. Make the bonus opportunities we will receive more.

But the increase is unlikely to prompt the central bank to dial back stimulus spending programmes, with core consumer inflation still expected to stay well below 2per cent and the economy lacking momentum, analysts say.

The nationwide core consumer price index (CPI) likely rose 0.6per cent in February from a year earlier, the median forecast in the poll of 19 economists showed on Friday.

The reading would follow a 0.2per cent increase in January, and mark the highest since February 2020.

"The global oil market (spike) accelerated price hikes in energy, such as electricity and gas bills, while processed food and hotel prices also increased," said Takeshi Minami, chief economist at Norinchukin Research Institute.

Separate data is expected to show core machinery orders, a leading indicator of capital expenditure, fell 2.2per cent month-on-month in January to snap three straight months of growth, according to the poll.

 

Find a local installer

Welcome to the biggest directory of Window & Conservatory Installers in the UK

Or

COMPARE PRICES FROM LOCAL INSTALLERS

Compare prices from local companies fast & free

Enter your postcode to compare quotes from leading professionals. We promise to keep your information Safe & Secure. Privacy Policy

Press Esc to close