BOJ highlights inflationary pressure from oil, weak yen

Andreea Neblea

TOKYO, March 30 : Japan's underlying inflation rate may face stronger upward pressure from rising oil prices and the yen's declines than in the past as firms have become more active in hiking prices, the Bank of Japan said on Monday. The observation was part of the BOJ's staff paper analysing factors defining underlying inflation, or price rises driven by domestic demand rather than cost-push factors, a key concept it has used in explaining the pace and timing of interest rate hikes. While the

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BOJ highlights inflationary pressure from oil, weak yen https://www.channelnewsasia.com/ - 12:58

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BOJ highlights inflationary pressure from oil, weak yen https://www.channelnewsasia.com/ - 12:58