Japan’s beleaguered shoppers are a worry for convenience stores and the economy

AI Summary

Japan's September underlying inflation rose at its fastest annual pace in three years, exceeding the Bank of Japan's 2% target. The increase is raising concern about pressure on household shoppers, convenience stores, and the broader economy.

Underlying inflation rose in September at the fastest annual pace in three years, according to Bank of Japan data, exceeding its 2% target.