Japan's core consumer prices in November rose 3.0 percent from a year earlier, driven higher by food and energy prices, government data showed Friday.
The increase in the nationwide consumer price index (CPI), excluding volatile fresh food, followed a 3.0 percent rise in October.
This marks the 51st consecutive month of year-on-year increases in Japan's core CPI.
The inflation rate, a key indicator for the Bank of Japan in determining the timing of rate hikes, has remained at or above the central bank's 2 percent target since April 2022.
Core-core CPI, which strips away both energy and fresh food to reflect underlying price trends, increased 3.0 percent in November.
Food prices, excluding fresh items, climbed 7.0 percent, while energy prices climbed 2.5 percent.
Japanese media and experts are concerned that the fiscal policies implemented by Japanese Prime Minister Sanae Takaichi, which have accelerated the depreciation of the yen, will further drive up prices in the country.
Japan's core consumer prices up 3 pct in November
Japan's core consumer prices up 3 pct in November
