Japan’s consumer prices stopped falling in August for the first time in 13 months, ending the country’s longest deflationary stretch since 2011.
Prices excluding those for fresh food were unchanged from a year earlier, the internal affairs ministry reported Friday in a result that matched the estimate from analysts.
Rising costs for hotels, processed food and energy cushioned the impact of mobile phone rates that have fallen sharply under pressure from outgoing Prime Minister Yoshihide Suga.