Tuesday, February 3, 2026 at 2:38 AM
The benchmark consumer-price index rose 2.0% from a year earlier in January, slowing from a 2.3% gain in December, the Ministry of Data and Statistics said.
Inflation signals have taken on more significance as yen weakness poses a risk to the Bank of Japan’s efforts to generate healthy, demand-led price growth.
Consumer prices were 0.4% higher in January than in the same month last year, down from December’s 0.7% increase.
A weaker dollar and increased imports of lower-priced goods could push inflation even lower than expected, persuading the European Central Bank to cut interest rates.
Prices charged by U.S. producers for their products climbed by more than expected in December, the Labor Department said.
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