The 1.5% figure ended a run of 45 straight months that the inflation rate has been above the Bank of Japan's 2% target.
Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
With “supercore” inflation, excluding fresh food and energy, still strong at 2.6 per cent, we think the Bank of Japan remains on course to deliver its next rate increase in April.
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The great inflation shock of the 2020s, which helped bring President Donald Trump back to power, is in the rearview mirror now. But the hangover is all around.
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An apparent slowdown in inflation since last fall has eased worries on Wall Street, but skeptics are yet to be convinced price pressures have largely evaporated. A new Federal Reserve study might add ...
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By Promit Mukherjee OTTAWA, Feb 17 (Reuters) - Canada's annual inflation rate in January accelerated at a slower pace than ...
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