Japan consumer prices rise 7.5%—highest level in 40 years
The month-on-month increase excluding highly volatile foods and energy was 6.0%.
This reached a high level not seen since August 1982.
Reference
In addition, concerns about potential disruptions to oil and natural gas supply by Russia due to the Ukraine issue are contributing to a rise in energy prices.
The market and Secretary Yellen are also paying more attention to the month-over-month figure,
(Secretary Yellen said, "To judge whether wage-price inflation pressures are easing, we are watching the inflation trend on a month-over-month basis.")
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