Japan's May core inflation stays below BOJ target, fuel-induced rise eyed
Servicii bancare
TOKYO, June 19 : Japan's annual core inflation stayed below the central bank's 2 per cent target for a fourth straight month in May, data showed on Friday, as fuel subsidies offset rising raw material costs from the Middle East conflict. Analysts expect consumer inflation to re-accelerate in coming months and keep the Bank of Japan on course for further interest rate hikes, as cost pressures that have already led to a spike in producer prices broaden. The core consumer price index (CPI), which
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