The basic inflation in Japan decreases to the lowest level since March, as rice prices were cold

The basic inflation rate in Japan was cooled to 3.1 % in July, as it decreased from 3.3 % in the previous month with continued inflation in the rice.

The number – which offers fresh food costs – was higher than 3 % expected by Reuters economists.

The country’s main inflation in the country also decreased to 3.1 %, decreased from 3.3 % in June and put its lowest levels since November 2024.

The so -called “basic” inflation rate, which raises the prices of both fresh foods and energy and are closely monitored by BOJ, are fixed by 3.4 %.

Rice enlargement fell to 90.7 % in July, a decrease from 100.2 % in June, and two months later prices multiplied more than twice.

Rice prices showed signs of mitigation after rice shortage and high rice prices dominated by the country’s main headlines earlier this year, with Data from the Japanese Ministry of Agriculture He explains that the average rice bag is five kilograms in supermarkets sold for 3,737 Japanese yen ($ 25.34) for the week from August 4.

At its highest levels, Rice was sold at 4,285 y each bag for five kilograms, while excellent rice brands reached 4469 yen.

The Japan Central Bank promoted inflation forecasts in its economic expenses report Issued on July 31Saying that the basic inflation will come 2.7 % for the fiscal year 2025 – ending in March 2026 – an increase of its previous 2.2 % expectations.

“Basic” inflation expectations were raised to 2.8 % of 2.3 %.

The inflation number comes after the economy of Japan Get better than expected 0.3 % In the second quarter of the previous three months, with the support of net exports.

However, Japan Trade witnessed slow numbers in JulyAs exports have decreased at a sharp pace more than four years ago, with their shipments decreased to its largest markets – the United States and China.

Japan reached a deal with Washington on July 22, which saw the so -called A “mutual tariff” decreased to 15 % From 25 % threatens US President Donald Trump earlier that month.

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