Japan's wholesale inflation cools, but oil shock from Iran war threatens rebound
Government
TOKYO, March 11 : Japan's wholesale inflation cooled for a third month in February as government fuel subsidies blunted rising commodity costs, but analysts warn the respite may be brief, with the oil spike from the Middle East conflict poised to reignite price pressures. The data highlight the dilemma the Bank of Japan faces in timing its next interest rate hike, as the rising cost of oil stokes stagflation risks. The corporate goods price index (CGPI), which measures the price companies
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