稳在3%！日本通胀给足理由 30年来最高利率呼之欲出

Core Insights - Japan's core inflation rate remains stable at 3% for the second consecutive month, indicating persistent price pressures ahead of the Bank of Japan's monetary policy meeting [1][3] - The market anticipates the Bank of Japan will raise its benchmark interest rate to 0.75%, the highest level in 30 years, as inflation data aligns with analyst expectations [3][4] - The core consumer price index (CPI) rose by 3% year-on-year in November, matching the previous month and economists' median forecasts [1][3] Inflation Trends - The overall inflation rate recorded at 2.9%, consistent with analyst predictions, while the inflation rate excluding energy prices also stands at 3%, showing a slight decline from the previous month [1][3] - The core inflation indicator has remained above the Bank of Japan's 2% target for 44 consecutive months, driven by rising energy prices as government subsidies are reduced [3][4] Government Response - Prime Minister Fumio Kishida faces challenges due to rising living costs, with the ruling Liberal Democratic Party experiencing setbacks in two national elections [3] - To alleviate public pressure, the Kishida government has introduced measures such as winter electricity subsidies and one-time cash payments for children, included in the economic stimulus plan [3] Corporate Pricing Strategies - A report from Teikoku Databank indicates that the number of price hikes by major food companies in Japan is expected to reach 20,609 this year, a 64.6% increase from the previous year [3] - Companies in the food and beverage sector plan to raise prices on 1,050 products next year, a significant reduction from the 4,400 products planned for price increases in the same period last year [5]