Economic Buzz: Japan?s core CPI eases to 3.3% in June 2025

Japan?s core consumer price index rose 3.3% year-on-year in June 2025, easing from 3.7% in May and marking the first slowdown since February. The softer pace, driven by renewed fuel subsidies to cushion households from rising costs, is the slowest since March. With inflation still above the 2% target, markets expect the Bank of Japan to keep its benchmark rate steady at 0.5% in its upcoming meeting. The BoJ has maintained this rate since January after a 25-basis-point hike, its highest level in 17 years.

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