BOJ's Tamura sees good chance of price target being met this spring
Inflatie
TOKYO, Feb 13 : Bank of Japan board member Naoki Tamura said on Friday he sees a good chance of the country durably achieving its 2 per cent inflation target by around spring this year. Tamura said inflation was becoming "endogenous and sticky" with its main driver shifting from high raw material prices to rising labour costs reflecting a tight job market. "The underlying inflation rate has been gradually increasing and is very close to becoming embedded at 2 per cent," Tamura said in a speech.
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