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New Trend Indicator from Bank of Japan Shows Inflation Exceeds Target

AirdropBlackHole

2026-05-27 10:04:02

Abstract generation in progress

On May 26, the Bank of Japan stated on Tuesday that, according to its newly established inflation indicator, Japan's core consumer inflation rate for April, excluding one-off factors, rose to 2.8%, surpassing the 2% target level and accelerating from 2.5% in March. This new indicator excludes institutional factors such as education and energy subsidies, showing a year-on-year increase significantly higher than the 1.4% increase reported by the Japanese government last week in its benchmark core consumer price index.

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