Core consumer prices in Tokyo, a leading indicator of nationwide inflation, rose 2.7 percent in April from a year earlier, the fastest gain since 1992 as an increase in sales tax drove up cost of goods and services.
The increase in the core consumer price index, which excludes volatile fresh food prices but include oil products, was 2.8 percent rise and followed a 1.0 percent gain in March.
Nationwide core consumer prices in March rose 1.3 percent from a year earlier, a 5-1/2 year high.
The consumer price index in March 2014 was 101.0 (2010=100), up 0.3 percent from the previous month, and up 1.6 percent over the year.
4/25/2014 1:09:13 AM