Reuters
An expected end to government subsidies to curb fuel bills will likely bump up Japan's inflation rate later this year, analysts say, complicating the central bank's efforts to communicate its intention to go slow in raising interest rates. Coupled with the impact of an expected rise in the levy charged to households to promote renewable energy, the moves will likely push up Japan's consumer inflation figures during the fiscal year beginning in April, analysts say. Yoshiki Shinke, senior executive economist at Dai-ichi Life Research Institute, expects the combined impact to push up core consumer inflation by around 1.25 percentage points in the July-September quarter.