On May 15, 2026, Kyodo News reported that Japan's core consumer price index (CPI, excluding fresh food) rose 1.4% in April from a year earlier. This notable increase reflects the ongoing inflationary pressure in the world's third-largest economy.
The figure exceeded the average forecast of economists, indicating that prices of goods and services continue to climb. The rise is primarily attributed to soaring costs of energy and imported food.
The development comes as the Bank of Japan (BOJ) closely monitors price movements to guide its monetary policy. After decades of deflation, Japan has recently seen a surge in inflation, putting pressure on consumer spending.