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inflation

TOKYO, May 23: Japanese inflation spiked to a two-year high in April, data showed Friday, as rice prices almost doubled, turning focus on the central bank as it mulls more interest rate hikes amid the Trump administration’s trade war.

TOKYO, May 21: Japan’s farm minister resigned Wednesday after saying he never buys rice because he gets it free, a remark that drew public fury in a country facing soaring food prices.

CANBERRA, July 27: Australia has recorded its highest rate of inflation in more than 20 years, with consumers paying more for everything, reported Xinhua.

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