Figures issued this morning from the third largest economy in the world showed that the core consumer price index, which measures inflation in Japan, which excludes fresh food prices, but includes energy items, increased by 3.2% in May compared to 3.4% in April, but it exceeded expectations that indicated a growth of 3%. 1%.

On the other hand, the main index excluding food and energy, which is monitored by the Bank of Japan to assess its directions for monetary policy, increased by 4.3% in May compared to 4.1% in April, its highest level since 1981.

In detail, energy costs decreased by 8.2% on an annual basis in May due to the impact of government subsidies, while food inflation rose by 9.2% in May compared to 9% in April, while service prices rose by 1.7%.