Core inflation in Japan's capital perks up, backs case for BOJ hikes
Inflatie
TOKYO: Core inflation in Japan's capital accelerated for a fourth straight month in August, data showed on Friday (Aug 30), tracking comfortably above the central bank's 2 per cent target and backing market expectations of more interest rate hikes ahead. The Tokyo core consumer price index (CPI), which excludes volatile fresh food costs, rose 2.4 per cent in August from a year earlier, faster than a median market forecast of 2.2 per cent and the 2.2 per cent gain in July. A separate index that
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