Japan Nov. consumer inflation hits fresh four-decade high

Japanese consumers are feeling the pinch as prices continue to rise.

The latest data released on Friday shows consumer price inflation in November hit a fresh 40-year high.

The internal affairs ministry says the consumer price index, excluding fresh food, climbed 3.7 percent last month from a year earlier.

That is the biggest leap since December 1981.
The overall figure was pushed up by rising costs for food, as well as electricity and gas bills.

Source: https://www3.nhk.or.jp/nhkworld/en/news/20221223_12/