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.
The consumer price index eased in January but inflation was still elevated for many consumer necessities, economists said.
The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
Many Federal Reserve officials want to see inflation fall further before they would support additional interest rate cuts this year, particularly if the job market continues to stabilize, minutes of ...
Consumer prices rose 2.4 percent over the past year and 0.2 percent in January alone, according to data released Friday by ...
Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
By Lucia Mutikani WASHINGTON, Feb 13 (Reuters) - U.S. consumer prices increased less than expected in January amid cheaper ...
The slightly lower number for January reflects smaller price increases for shelter and food, as well as a decrease in energy costs.
The boom-and-bust cycle isn’t limited just to so-called advanced economies. It also has become a way of life in the economies ...
President Donald Trump blamed Democrats for the partial government shutdown while claiming economic wins including lower gas prices and inflation.
LONDON (AP) — Inflation in the U.K. fell to a 10-month low largely on the back of lower food and gas prices, official figures ...
WASHINGTON (AP) — A key measure of inflation fell to nearly a five-year low last month as apartment rental price growth ...
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