Japanese Inflation is rising

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Japanese core consumer prices rose 3.4 percent, showing inflation.

Japan’s Shinzo Abe co-created the Abenomics effect. It appears to be having its desired impact of ending a mortally fatal dis-inflation that lasted in Japan for almost two decades. Inflation is now in play in Japan.

These results came out as inflation is now visible in Canada, South Africa and the United Kingdom.

The inflation data had an affect on the Japanese Yen – trading in New York, by stemming a strengthening all week, to a Friday Weakening of Yen in Dollar terms.

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