TOKYO :Japan's core consumer prices rose 3.0 per cent in December year-on-year to mark the fastest annual pace in 16 months, likely cementing a central bank rate hike later in the day and retaining bets that borrowing costs will keep rising from ultra-low levels. The data on Friday comes hours before the Bank of Japan concludes its two-day policy meeting, when it is expected to raise short-term interest rates to 0.5 per cent from 0.25 per cent. The increase in the core consumer price index (CPI)

Tag-uri: Inflatie