Japan inflation climbs at fastest rate in more than 2 years

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Financial Times 16h ago

Japan inflation climbs at fastest rate in more than 2 years - Financial Times

Quick Summary:

The start of the new financial year in April 1 triggered a wide range of further price increases, analysts said.

An accompanying “core-core” index, which also strips out energy, rose 3 per cent in April from a year earlier.

Yields on 10-year Japanese government bonds shed 0.015 percentage points to 1.549 per cent, while those on the 40-year bonds declined 0.05 percentage points to 3.624 per cent after touching record highs earlier in the week.