Inflation at 41-year high in Tokyo as food prices soar across Japan

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Japanese consumers faced another round of food price increases starting February 1, 2023, as more than 5,400 products will become costlier, according to a survey by Teikoku Databank, a credit research company. Japanese officials said core consumer prices in Tokyo rose 4.3 per cent in January year on year, marking the fastest annual increase in inflation in 41 years.

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