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Inflation in Japan Raises Pressure on Central Bank to Reconsider Low Rates

TOKYO—Inflation in Japan stayed above the Bank of Japan’s goal for a second successive month, including to stress on the financial institution because it bucks the worldwide pattern and retains rates of interest low.

Overall shopper costs rose 2.5% from a 12 months earlier in May, authorities information confirmed Friday. That matched the pace in April, which was the quickest rise since 1991, excluding durations instantly following sales-tax will increase.

Related Topics:8301.TO Bank Bank of Japan banking Banking/Credit central Central Banking Consumer Price Index credit Economic News economic performance Economic Performance/Indicators Financial Services general news indicators Inflation inflation figures Inflation Figures/Price Indices Japan JP:8301 Monetary Policy political Political/General News pressure price indices raises Rates Reconsider SYND World news WSJ-PRO-WSJ.com

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