Japan’s core inflation rate expanded in April to 3.5 per cent.
Overall unadjusted inflation was 3.6 per cent, the same level as it was in March.
Excluding energy, prices rose by 3 per cent compared to 2.9 per cent in March.
Underlying inflation has been above the central bank’s 2-per cent target rate for around three years.
Tariffs are fuelling global economic uncertainty, the bank cautioned.
Overall unadjusted inflation was 3.6 per cent, the same level as it was in March.
Excluding energy, prices rose by 3 per cent compared to 2.9 per cent in March.
Underlying inflation has been above the central bank’s 2-per cent target rate for around three years.
Tariffs are fuelling global economic uncertainty, the bank cautioned.
