Japan core inflation rate in June creeps up from 4-year low as higher oil prices bite
Japan's core inflation came in at 1.6% in June, as higher oil prices start to spill over into the wider economy. This is the first rise in core inflation since March, and was in line with the 1.6% growth expected by economists polled by Reuters. Core inflation in Japan strips out prices of fresh food.
- ▪Japan's core inflation came in at 1.6% in June, as higher oil prices start to spill over into the wider economy.
- ▪This is the first rise in core inflation since March, and was in line with the 1.6% growth expected by economists polled by Reuters.
- ▪Core inflation in Japan strips out prices of fresh food.
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| Original publisher | CNBC — Top |
| Canonical URL | https://www.cnbc.com/2026/07/24/japan-cpi-june-inflation-oil-prices-yen.html |
| Publication time | Fri, 24 Jul 2026 00:23:08 GMT |
| Retrieval time | 2026-07-24T00:58:56.734Z |
| Last seen | 2026-07-24T00:58:56.734Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
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| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
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| Cluster | syJzokyAqrLP |
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| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
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| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
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| Commercial reuse | May the content be reused commercially? | Not permitted |
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Opening excerpt (first ~120 words) tap to expand
Japan's core inflation came in at 1.6% in June, as higher oil prices start to spill over into the wider economy. This is the first rise in core inflation since March, and was in line with the 1.6% growth expected by economists polled by Reuters. Core inflation in Japan strips out prices of fresh food. Headline inflation increased to 1.7% from May's 1.5%, while the so-called "core-core" inflation rate, which strips out prices of fresh food and energy, dipped to 1.7%, the lowest since August 2022. Cushioned by government subsidies, energy prices dipped just 0.1% year-on-year in June, compared with a 2.5% fall in May. Charges for fuel, light and water remained flat, ending 6 straight months of declines.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at CNBC — Top.
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