Japan March Consumer Prices Rise at Fastest Pace in Over 2 Years

Japan March Consumer Prices Rise at Fastest Pace in Over 2 Years
A shopper looks at items at a supermarket in Tokyo, on Feb. 26, 2015. Yuya Shino/Reuters
Reuters
Updated:

TOKYO—Japan’s core consumer prices rose at the fastest pace in more than two years in March, raising worries higher energy and food costs could increasingly take a toll on households’ purchasing power.

The core consumer price index (CPI), which excludes volatile fresh food prices but includes fuel and broader energy costs, jumped 0.8 percent in March from a year earlier, government data showed on Friday.