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BOJ's new trend gauge shows inflation exceeding target

By Reuters Reuters
The Japanese national flag waves at the Bank of Japan building in Tokyo, Japan March 18, 2024. REUTERS/Kim Kyung-Hoon
The Japanese national flag waves at the Bank of Japan building in Tokyo, Japan March 18, 2024. REUTERS/Kim Kyung-Hoon Kim Kyung-Hoon Reuters

TOKYO - Japan's core consumer inflation rate excluding one-off factors, as measured by the central bank's new gauge, hit 2.8% in April, exceeding its 2% target and accelerating from 2.5% in March, the Bank of Japan said on Tuesday.

The new index, which strips out institutional factors such as education and energy-related subsidies, showed a much faster year-on-year rise than the 1.4% rate in the benchmark core consumer price index figure the government announced last week.

(Reporting by Leika Kihara and Takahiko Wada; Editing by Christian Schmollinger)

FILE PHOTO: Bank of Japan Governor Kazuo Ueda attends a press conference after a BOJ policy meeting in Tokyo, Japan, March 19, 2026. REUTERS/Kim Kyung-Hoon/File Photo
FILE PHOTO: Bank of Japan Governor Kazuo Ueda attends a press conference after a BOJ policy meeting in Tokyo, Japan, March 19, 2026. REUTERS/Kim Kyung-Hoon/File Photo Kim Kyung-Hoon REUTERS

Copyright Reuters or USA Today Network via Reuters Connect.

This story was originally published May 26, 2026 at 1:18 AM.

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