日本8月核心消费价格指数涨幅降至2.7%

Core Insights - Japan's core Consumer Price Index (CPI) excluding fresh food rose by 2.7% year-on-year in August, marking the first decline below 3% since November of the previous year [1] - The primary driver of price increases in Japan remains the rise in food prices, with significant increases observed in grains, beverages, meat, and eggs [1] - The government subsidies on summer electricity and gas bills have somewhat mitigated the inflationary pressures [1] - Economists anticipate a slowdown in price increases in the latter half of the year, raising questions about the timing of potential interest rate hikes by the Bank of Japan [1] Price Changes - Ordinary japonica rice prices saw a year-on-year increase of 68.8%, while coffee beans, chocolate, and egg prices rose by 47.6%, 49.4%, and 16.4% respectively [1] - The previous year's "rice shortage" contributed to the high price levels, which is a factor in the current decline in inflation rates [1]