Middle East Conflict Expected to Raise Japan's Core Inflation Rate, Economists Say

A recent survey conducted by Reuters reveals that 62% of economists anticipate the ongoing Middle East conflict will lead to an increase in Japan's core inflation rate by 0.2 to 0.4 percentage points over the next 12 months. According to Jin10, this projection reflects concerns about potential disruptions in global supply chains and energy markets, which could impact Japan's economy. Economists are closely monitoring the situation, as any significant changes in inflation could influence monetary policy decisions by Japan's central bank.