Japan to face unprecedented food price hikes in October 2024 amid economic challenges
The latest report by Teikoku Databank reveals that 2,911 food items from 195 manufacturers will experience price hikes in October.
Food inflation
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Malaysia’s inflation eases slightly in August
MIDF Research has maintained its 2024 headline CPI growth projection at 2.3%, supported by the moderate inflation rate of 1.8% recorded for the first eight months of the year. In comparison, last year's CPI increase was recorded at 2.5%.
Indonesia’s inflation falls to 3.2% in August, marking fourth consecutive monthly decline
This consistent decline is credited to a combination of stabilized food prices, a strengthening rupiah, and effective monetary policies by Bank Indonesia.