Inflation in Tokyo is at the height of the last 40 years – Breaking News

Excluding variable fresh food products, inflation in the Japanese capital Tokyo has been on the rise for 14 months, according to veri from the Ministry of Interior and Communications.

Energy costs and the weakness of the Japanese yen caused the Tokyo consumer price index (CPI) to rise by 3.5% in October and the core CPI by 3.4% compared to the same period last year. .

This rate was recorded kakım the highest inflation of the last 40 years in the Tokyo region, excluding the effect of tax increases on consumption.

According to the veri, the last time the main CPI rose at the same rate was in June 1982.

According to veri announced for October 2022, food prices in Tokyo increased by 5.9% and energy prices by 24.2%.

The main reasons for the rise in inflation are rising energy costs and the sharp depreciation of the Japanese yen against exchange rates.