{"id":68898,"date":"2022-07-22T15:11:03","date_gmt":"2022-07-22T11:11:03","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=68898"},"modified":"2022-07-22T15:11:05","modified_gmt":"2022-07-22T11:11:05","slug":"inflation-in-japan-jumps-to-its-highest-level-since-2015-to-2-2","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/inflation-in-japan-jumps-to-its-highest-level-since-2015-to-2-2\/07\/22\/market-updates\/","title":{"rendered":"Inflation in Japan jumps to its highest level since 2015 to 2.2%"},"content":{"rendered":"\n<p>Japan&#8217;s headline inflation gauge rose over the past month, exceeding the 2% target level set by the Bank of Japan.<\/p>\n\n\n\n<p>The CPI growth rate, excluding fresh food, accelerated to 2.2% in June annually.<\/p>\n\n\n\n<p>This came as energy cost inflation was exacerbated by the weak yen and higher processed food prices.<\/p>\n\n\n\n<p>The Bank of Japan now sees core inflation at 2.3% in the year to March, the first time it has forecast inflation to exceed 2% for the 12-month period, outside of tax-raising years, since setting that target in 2015.<\/p>\n\n\n\n<p>But the Bank of Japan sees inflation returning to decline the following year, indicating that it does not expect high price inflation to continue for an extended period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan&#8217;s headline inflation gauge rose over the past month, exceeding the 2% target level set by the Bank of Japan. The CPI growth rate, excluding fresh food, accelerated to 2.2% in June annually. This came as energy cost inflation was exacerbated by the weak yen and higher processed food prices. The Bank of Japan now &hellip;<\/p>\n","protected":false},"author":9,"featured_media":33466,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,39,36],"tags":[6939,6851],"class_list":["post-68898","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-global-stock-markets","category-market-updates","tag-japan","tag-stocks"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=68898"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68898\/revisions"}],"predecessor-version":[{"id":68899,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68898\/revisions\/68899"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/33466"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=68898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=68898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=68898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}