** People rescuing an injured passenger from inside a passenger bus hit by a truck on Dhaka-Mawa Expressway in Shologhar area of Shreenagar upazila in Munshiganj on Thursday. ** Motorcycles allowed on Padma Bridge after 10 months ** Commuters charge extra fare, passengers disappointed ** 78 people killed in Yemen stampede ** Moon sighting committee meets today to ascertain Eid day ** 9 killed in road accidents in 3 districts ** US announces new $325 m military aid package for Ukraine ** Eid-ul-Fitr in Saudi Arabia today ** Eid exodus begins ** LPG price cut illusive ** 15 hurt as bus overturns in capital ** New interbank cheque clearing timings set for Eid holidays ** Four women hit by a train die in Tangail ** 12.28 lakh SIM users left Dhaka on Tuesday ** Sylhet engineer threatened over power outage ** People rush to village homes to spend Eid holidays with their near and dear ones. This photo was taken from Sadarghat Launch Terminal on Tuesday. NN photo ** Surge in cases of dehydration, diarrhoea amid summer heat wave ** Padma Bridge construction cost increases by Tk 2,412cr ** PM gives Tk 90m to Bangabazar fire victims ** Textile workers block highway demanding wage, Eid bonus ** Attack on PM's motorcade Ex-BNP MP, 3 others get life term ** Load-shedding increases for demand of electricity during heat wave ** Motorbikes to be allowed on Padma bridge from Thursday ** 5-day Eid vacation begins from today ** Take Nangalkot train accident as a warning about negligence of govt functionaries **

Japan inflation slows to 3.1pc in February

25 March 2023

 AFP :
Japan's consumer prices rose 3.1 percent in February from a year earlier, slowing from the four-decade highs seen in previous months, government data showed Friday.
The figure, which excludes volatile fresh food, met market expectations and comes after the government introduced relief measures for soaring energy bills.
It is the first deceleration in over a year, marking a fall from January, when prices jumped 4.2 percent on-year -- the highest level since September 1981, fuelled in part by higher energy bills.
UBS economist Masamichi Adachi had said ahead of the data release that he expected lower inflation in February "due to a discount on energy price with the government's subsidies", which were announced in October and came into effect this year.
The drop is also due in part to the comparison with data from February 2022, when prices began to rise in Japan following decades of sluggish inflation or deflation.
The 3.1 percent rise is above the Bank of Japan's longstanding two-percent target, which has been surpassed every month since April last year.But it remains lower than the sky-high inflation seen in the United States and elsewhere, with central banks worldwide hiking interest rates to tackle rising prices.
When both fresh food and energy prices are excluded, Japan's figure for February is 3.5 percent. The BoJ views the price increases as the result of temporary factors, including the war in Ukraine, so sees no reason to tweak its monetary easing measures.

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