Inflation Slips Below BOJ Target.

Data released on March 24 shows that Japan’s core consumer inflation slowed to 1.6% in February, falling below the Bank of Japan’s 2% target for the first time since 2022. While utility subsidies helped cool energy costs, the recent global surge in oil prices is expected to drive inflation back up in the coming months. Meanwhile, on the social front, the Justice Ministry has begun historic discussions on revising the Prostitution Prevention Law to formally penalize sex buyers for the first time.

©YovaniBernard