Annual inflation in Japan slows down in June

Consumer prices in Japan rose by 2.4% year-on-year in June after 2.5% in May, Report informs, referring to the statistical department of the country's Ministry of Internal Affairs and Communications.

At the same time, prices did not change in June after rising by 0.3% in May.

Core consumer prices in the country, which do not include the cost of food, rose by 2.2% in annual terms, which was in line with the forecast of analysts polled by the DailyFX portal.