Japanese inflation spikes to 1.9%
The jump was the largest since 1997, when a change in consumption tax prompted a sharp rise in inflation.
The surge was entirely due to higher food and energy prices. Annual inflation excluding food and energy was a mere 0.1%.
The trend looks set to continue in the coming months with the measure for annual core inflation for Tokyo in the year to July rising from 1.3% to 1.6%
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