اقتصاد

Inflation in Japan at its highest level in 41 years

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Al-Anbat -

Alanbat - Rahaf Abdullah

Japan's core inflation hit's higher level in 41 years, Japan core consumer price index rose 3.7% in November year-on-year, and it was the fastest pace since December 1981 when it rose 4%.

The reading was in line with analysts' estimates and it was 3.6% last month, according to (CNBC) economic network on Friday.

The reading is still above the Bank of Japan’s 2% inflation target.

The average of annual consumer prices was rose in Japan amid rising prices of imported crude goods and continued weakness of the yen.

 
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