Tadao Kokee holds a bag of rice in his store in Tokyo on February 14, 2025.
Yuichi Yamazaki |
The main inflation of Japan increased by 3.7 % on an annual basis in February, lowering from the highest level in two years of 4 % in January.
The basic inflation – which excludes fresh food prices – was 3 %, less than January number by 3.2 %. However, the primary inflation number was higher with 2.9 % expectations of the Reuters economists.
The inflation numbers come shortly after the Bank of Japan's detention of fixed interest rates.
The so -called “basic” inflation rate, which raises the prices of both fresh foods and energy and is closely monitored by BOJ, rose to 2.6 % of 2.5 % in the previous month.
In her statement, The central bank said that “the basic consumer price index is expected to increase and be” generally consistent “with its 2 %.
BOJ said the basic inflation is likely to increase during its 2025 fiscal year, due to the high prices of rice and the reduction of government measures to reduce inflation.
Bank added that it is more likely that the rates of exchange rates will affect prices, saying: “There are still high uncertainty about Japanese economic activity and prices, including the advanced situation regarding trade and other policies in every judicial state.”
The inflation numbers also came amid the strong wages achieved from the unions in the Shunto negotiations, which enhances the BOJ case to continue normalizing its monetary policy.
The largest labor union in Japan announced on March 14 that it was able to secure an average 5.46 % increase in wages From April – the largest increase in more than three decades.
The Japanese Union Federation, or the RINGO, which includes about 7 million members, said the first scheduling of the results covering 760 units was 0.18 Celsius higher than the increase last year of 5.28 %.
Small to medium companies witnessed an average rate of 5.09 %, an increase of 0.67 percentage points from last year and the first time since 1992, which exceeded the wages of such companies a 5 % sign.
According to what was reported that UA Zensen, a group of an umbrella representing retail, restaurant and other industrial unions, said 139 of its members' unions. An increase in an average of 5.37 % in monthly wages For full -time workers, slightly lower than No. 2024 the record number of 5.91 %.
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