Inflation Comes to Japan, amid Plunging Yen, Inflation Subsidies. Bank of Japan Blows it Off as “Transitory,” Throws Yen under Bus

by Wolf Richter, Wolf Street: The Japanese people are not amused. OK, so here we go. The overall consumer price index for all items in Japan jumped by 0.4% in April from March, the third month in a row of 0.4% increases (4.8% annualized), and by 2.5% from a year ago, up from an increase […]