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Global Market: Tokyo core inflation accelerates, strengthening case for September BOJ rate hike
Tokyos core inflation accelerated for a third straight month in August, strengthening expectations that the Bank of Japan could raise interest rates in September. Core CPI rose 1.8% year-on-year, slightly above forecasts, while a measure excluding fresh food and fuel climbed to 2%, adding to rate-hike pressure.
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channelnewsasia.com
Tokyo core inflation creeps near BOJ's target, bolsters rate-hike chance
TOKYO, Aug 28 : Annual core inflation in Tokyo accelerated in August for the third straight month, data showed on Friday, a sign of broadening price pressures that bolsters the…
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Tokyo core inflation accelerates in August, nears BOJ target
TOKYO, Aug 28 : Core consumer prices in Tokyo rose 1.8 per cent in August from a year earlier, data showed on Friday, creeping up towards the central bank's 2 per cent target, in…
