Japan Inflation Rises Slightly To 2.6% In June

While the United States and other major economies have battled sky-high inflation in recent years, price rises in Japan have been less extreme (Credit: AFP)

Japanese inflation was slightly higher in June, with prices rising 2.6 percent on-year compared with 2.5 percent in May, internal affairs ministry data showed Friday.

But the core Consumer Price Index (CPI) reading, which excludes volatile fresh food prices, was still softer than market expectations of a 2.7 percent increase.