Iran Press/ Asia: Japanese energy and food prices rose 16.5% and 3.7%, respectively, year-on-year in June.
The country's annual inflation rate was 2.5% both in April and May, while it was 1.2% in March and minus 0.5% in June 2021.
On Thursday, the Bank of Japan decided to maintain its ultra-low interest rates at minus 0.1%, while it increased its inflation target from 1.9% to 2.3% for 2022.
The statistical department data showed that the annual inflation rate was 16.5% for energy and 3.7% for food. 219
Read More:
Japan's LDP wins big in Upper House Election after ex-PM's death
