Core inflation in Japan's capital slows but stays above BOJ target
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Edition: Singapore Indonesia Asia US/UK TOKYO :Core consumer inflation in Japan's capital slowed in June but stayed well above the central bank's 2 per cent target, data showed on Friday, keeping alive market expectations for further interest rate hikes. The Tokyo consumer price index (CPI), which excludes volatile fresh food costs, rose 3.1 per cent in June from a year earlier, government data showed, compared with a median market forecast for a 3.3 per cent gain. It slowed from a 3.6 per cent
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