i'm raja pradhan in tokyo. coming up next is "newsline biz" with ramin mellegard, so stay right there. ♪ >>> this is "newsline biz." i'm ramin mellegard. now, the latest inflation figures for tokyo are out. growth in the inflation rate slowed as energy prices fell, but it's still well above the bank of japan's 2% target. the internal affairs ministry says the consumer price index for the capital central 23 wards in august was up 2.8% year on year. the index excludes volatile fresh food prices, which fluctuate based on the weather. lower fuel prices pushed down energy costs with electricity bills dropping 22% and gas 14%. meanwhile, tokyo consumers are still feeling the wave of price hikes in super markets. prices of food excluding fresh items soared almost 9%. these figures for the capital are seen as the key indicator of nationwide inflation. we'll get those numbers on september 22nd. >>> now, sales of tax-free items at department stores across japan in july topped levels not seen since before the coronavirus