Japan's corporate service inflation steady, keeps alive rate-hike prospects
Mădălin Mihai
TOKYO :A leading indicator of Japan's service-sector inflation held near 3 per cent in October, data showed on Tuesday, offering further evidence that conditions for another near-term interest rate hike by the Bank of Japan were falling into place. While uncertainty over U.S. president-elect Donald Trump's policies clouds the outlook, many analysts expect Japan's economy to sustain a moderate recovery and help keep inflation around the central bank's 2 per cent target. Japan's services producer
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