Stock price rises from the view that inflation in the United States will subside

The Tokyo stock market on the 11th, the stock price rose.

▽The closing price of the Nikkei stock average was just 26,446 yen, 270.44 sen higher than on the 10th.

▽The Tokyo Stock Price Index = Topics rose 20.37 to 1901.25.

▽The daily trading volume was 1,058.87 million shares.

On the 11th, the Tokyo stock market and the Nikkei stock average rose for four consecutive business days.

In the United States, the growth rate of the consumer price index released on the 12th last month has slowed down, and the view that inflation will subside has strengthened, and stock prices have risen.

In response to this trend, the Tokyo market also gathered buy orders for a wide range of issues.

Expectations are rising in the market that the Federal Reserve will slow down its pace of rate hikes.

While there are concerns about a slowdown in the global economy due to the prolongation of significant interest rate hikes by central banks around the world, attention is first focused on the US consumer price index on the 12th.