Core inflation in Tokyo slows, seen accelerating on energy shock
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TOKYO, May 1 : Annual core inflation in April hit a four-year low and stayed below the central bank's 2 per cent target for a third straight month, as fuel and education subsidies offset rising raw material costs from the Middle East conflict. Analysts expect consumer inflation to re-accelerate in the coming months as surging oil prices and higher import prices from a weak yen keep the Bank of Japan (BOJ) under pressure to raise interest rates. The Tokyo core consumer price index (CPI), which
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