Core consumer prices in Japan's capital accelerate, keep BOJ under pressure

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TOKYO :Core inflation in Japan's capital accelerated in October and stayed above the central bank's 2 per cent target, data showed on Friday, keeping alive market expectations for a near-term interest rate hike. But the increase was driven mostly by stubbornly high food costs with service-sector inflation staying modest, a sign companies were slow in passing through rising labour costs. The data followed the Bank of Japan's decision on Thursday to keep interest rates steady at 0.5 per cent that

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Core consumer prices in Japan's capital accelerate, keep BOJ under pressure https://www.channelnewsasia.com/ - 31.10.2025 03:20

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Core consumer prices in Japan's capital accelerate, keep BOJ under pressure https://www.channelnewsasia.com/ - 31.10.2025 03:20