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Global Market: Japan core inflation accelerates in July, strengthening case for BOJ rate hike
Japans core inflation rose to 1.8% in July from 1.6% in June, in line with market expectations, strengthening bets that the Bank of Japan could raise interest rates at its September meeting. However, inflation remained below the BOJs 2% target for a seventh straight month, partly due to government fuel subsidies.
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channelnewsasia.com
Japan July core CPI rises 1.8% yr/yr
TOKYO, Aug 21 : Japan's core consumer prices rose 1.8 per cent in July from a year earlier, government data showed on Friday.The core consumer price index, which includes oil…
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Japan's core inflation accelerates in July, bolsters case for rate hike
TOKYO: Japan's core consumer inflation accelerated in July from a year earlier as firms passed on rising import costs from a weak yen and the US-Israeli war on Iran, data showed…
