Japan's core inflation accelerates in October, stays above BOJ target

Government

TOKYO :Japan's core consumer prices rose 3.0 per cent in October from a year earlier, data showed on Friday, staying above the central bank's 2 per cent target and keeping alive expectations of a near-term interest rate hike. The increase in the core consumer price index (CPI), which excludes volatile fresh food but includes fuel costs, matched a median market forecast and accelerated from a 2.9 per cent rise in September. An index stripping away both volatile and fresh food and fuel costs,

Tag-uri: Inflatie

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