Tokyo: Tokyo's core consumer price index (CPI), excluding volatile fresh food, increased by 2.5 percent in September compared to the previous year, as reported by the Internal Affairs Ministry on Friday. The index reached 110.0 against the 2020 base of 100, maintaining the same growth rate as observed in August.
According to Namibia Press Agency, food prices experienced a continued rise, with processed food excluding fresh items climbing 6.9 percent. This increase was driven by significant hikes in the prices of rice, chocolate, and coffee beans, which rose by 46.8 percent, 53.8 percent, and 47.8 percent, respectively.
The rise in consumer prices was partially offset by a substantial decrease in nursery school fees, which fell by 60.4 percent. This reduction followed the expansion of Tokyo's childcare fee waiver program, implemented on September 1.
Tokyo's CPI serves as a leading indicator of nationwide price trends, with the national figure for September scheduled for release on October 24.