Even in Japan, Inflation Begins to Rage after 23 Years of True Price Stability | Wolf Street

Japan has been lagging behind a little in the global surge of inflation that started early last year. But it s now coming along nicely. The overall consumer price index for all items in Japan jumped by 0.4% in August from July, and by 3.0% from a year ago, according to Japan s Statistics Bureau today. The measure that excludes rent jumped by 3.5%. The measure for food jumped by 4.7%. A year ago, inflation was still negative.

via wolfstreet.com

Hmmmph.