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Japan inflation at 3.7 percent in November, highest since 1981

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Agence France-Presse

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img alt="Pedestrians cross a street in the Shibuya district of Tokyo, Japan, 24 November 2022. A recent slide of the Japanese currency shrank the country" s="" economy="" by="" rising="" import="" costs="" for="" various="" goods.="" Core="" consumer="" prices="" surged="" percent="" in="" October="" the="" fastest="" pace="" years="" as="" local="" government="" announced="" on="" November="" EPA-EFE="" KIMIMASA="" src="https://sa.kapamilya.com/absnews/abscbnnews/media/2022/business/12/23/20221223-shibuya-district-epa.jpg"/><figcaption>Pedestrians cross a street in the Shibuya district of Tokyo, Japan, 24 November 2022. A recent slide of the Japanese currency shrank the country&#x27;s economy by rising import costs for various goods. Core consumer prices surged 3.6 percent in October 2022, the fastest pace in 40 years as the local government announced on 18 November 2022. <em>EPA-EFE/KIMIMASA MAYAMA</em></figcaption></figure></div><p>TOKYO - Prices in Japan rose at their fastest pace since 1981 in November, data showed Friday, fuelled in part by higher energy costs.</p><p>Core consumer prices, which exclude volatile fresh food costs, climbed 3.7 percent last month, compared to a year earlier, data released by the internal affairs ministry showed.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/10/21/22/japan-inflation-at-highest-level-since-2014">Japan inflation at highest level since 2014</a></li>	<li><a href="https://news.abs-cbn.com/business/10/24/22/japan-eyes-26-trillion-yen-economic-package-to-fight-inflation">Japan eyes 26 trillion-yen economic package to fight inflation</a></li>	<li><a href="https://news.abs-cbn.com/business/11/15/22/japans-economy-shrank-03-pct-in-july-september-official-data">Japan&#x27;s economy shrank 0.3 percent in July-September: official data</a></li></ul><div><strong>RELATED VIDEO:</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=1387144" width="100%"></iframe></figure><div class="iwantbar">Watch more News on <a href="https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news" target="_blank">iWantTFC</a></div>

Prices in Japan rose at their fastest pace since 1981 in November, data showed Friday, fuelled in part by higher energy costs.