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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.

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