Japan core inflation accelerates after five months as Iran war stokes energy worries– www.cnbc.com

Core inflation in Japan accelerated for the first time in five months, rising to 1.8% in March as Iran war-fueled higher energy prices stoke consumer inflation.

Government data showed the inflation figure — which strips out prices of fresh food — was in line with the 1.8% expected by economists polled by Reuters, and was higher than the 1.6% seen in February

Headline inflation came in at 1.5%, compared with 1.3% in February, staying below the central bank’s 2% target for a second straight month.

The so-called “core-core” inflation rate, which strips out prices of both food and energy, dipped to 2.4% from February’s 2.5%, marking its lowest level since October 2024.