Japan Core Consumer Prices Rise 2.4 Pct in Sept.

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   Tokyo, Oct. 18 (Jiji Press)--Japan's core consumer prices in September climbed 2.4 pct from a year before as rice prices soared while price increases in electricity and city gas slowed thanks to the resumption of government subsidies, the internal affairs ministry said Friday.
   The core consumer price index, which excludes volatile fresh food prices, stood at 108.2 against the 2020 base of 100. It rose for the 37th straight month, but its pace of growth slowed for the first time in five months.
   Rice prices jumped 44.7 pct, the biggest increase since the 49.5 pct gain logged in September 1975. Prices for the 2023 crop rose due to sluggish supply amid the extremely hot summer weather and those for the 2024 crop also grew because of higher production costs.
   Prices for restaurant meals gained 2.7 pct. As a result, prices for food, excluding fresh food, rose 3.1 pct.
   The rise in electricity prices slowed to 15.2 pct from 26.2 pct in August, while the increase in city gas prices slowed to 8.3 pct from 15.1 pct. Gasoline prices fell 4.8 pct after a rise a year before.

(2024/10/18-11:22)

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Japan Core Consumer Prices Rise 2.4 Pct in Sept.

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