Japan's jobless rate steady, Tokyo June core CPI rises 0.9%


  • Business Premium
  • Thursday, 27 Jun 2019

Wanting a piece of history: People in downtown Tokyo rushing to get a copy of the extra edition newspapers reporting the name of the new imperial era.

TOKYO: Core consumer prices in Tokyo rose 0.9 percent in June from a year earlier, government data showed on Friday.

The core consumer price index for Japan’s capital, which includes oil products but excludes fresh food prices, compared with economists' median estimate for a 0.9 percent annual rise.

Meanwhile Japan's jobless rate stood steady in May while the availability of jobs slipped, government data showed on Friday.

The seasonally adjusted unemployment rate was unchanged from April at 2.4%, figures from the Internal Affairs ministry showed. The result matched the median forecast in a Reuters' poll.

The jobs-to-applicants ratio stood at 1.62, slightly down from April data and the median estimate of 1.63.
- Reuters

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