Japan's inflation hits 41-yr high of 4% in December

Tribune Web Desk

Updated At : 02:42 PM Jan 21, 2023 IST

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Tokyo, January 20

Japan’s consumer inflation rate hit a 41-year high of 4% in December, as prices for everything from burgers to gas surged.

That rate is still relatively low, compared to some other nations, including the US. Japan, the world’s third-largest economy, has been fending off deflation, or chronically falling prices, for decades. — AP

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