A consumer price index that looks at the price movements of goods and services consumed at home.
In October, which was a "price increase rush," the index excluding fresh food, which fluctuates greatly depending on the weather, exceeded the same month last year by 3.6%.
The 3.6% increase rate is the first level in 40 years and 8 months since February 1982.
Prices continue to rise, mainly due to rising prices of food, electricity, and gas.
Finance Minister Suzuki ``Do our best for the early enactment of the supplementary budget''
At a press conference after the cabinet meeting, Minister of Finance Suzuki said that the rate of increase in the consumer price index in October reached the highest level in 40 years and eight months, saying, We believe that there will be an increase in sales, and in addition, the impact of the yen's depreciation."
After that, Minister Suzuki said, ``We will take appropriate measures to support consumers and businesses who are in a difficult situation due to soaring prices of energy and food. We must do everything in our power to quickly enact the supplementary budget," he said.