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Tokyo's Inflation Cools to 2.9%, Food Prices Surge

7/25/2025

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Summary

Story summary

In Tokyo, core consumer prices climbed 2.9% in July, just shy of the anticipated 3%. This marks a second consecutive month of cooling, driven by temporary relief from lower water and energy costs. However, persistent food inflation continues to challenge Prime Minister Shigeru Ishiba, especially after recent electoral disappointments.

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Story summary

In Tokyo, core consumer prices climbed 2.9% in July, just shy of the anticipated 3%. This marks a second consecutive month of cooling, driven by temporary relief from lower water and energy costs. However, persistent food inflation continues to challenge Prime Minister Shigeru Ishiba, especially after recent electoral disappointments.