TOKYO –
November’s nationwide core consumer price index , which excludes volatile fresh food prices but includes energy, will likely show a rise of 3.7 percent from a year earlier, according to the poll.That would be above the prior month’s annual rise of 3.6 percent and would mark the biggest jump since the 4.0 percent seen in December 1981.
“While the rate of increase of energy prices is slowing, the reason is that continuing price hikes of food items are pushing up ,” economists at Dai-ichi Life Research Institute said, adding that firms were passing on higher costs to consumers more broadly.
Reuters kasalanan to ni bbm golden years? 🤣