Japan inflation rises in July, supporting BOJ rate hike
By The BriefBrief
Japan’s consumer price index excluding fresh food rose 1.8% in July from a year earlier, up from a 1.6% increase in the prior month. The pickup is cited as backing the BOJ’s case for a potential rate hike.
WHO:Bank of Japan (BOJ)
WHAT:Japan’s CPI excluding fresh food increased to 1.8% year-on-year in July, up from 1.6% in June.
WHEN:Reported Aug 20, 2026 at 11:04 PM ET
WHERE:Japan
WHY:The CPI excluding fresh food accelerated in July, providing support for the BOJ’s argument for a rate hike.
