Core inflation in Tokyo accelerates as energy-driven price pressures begin to broaden

Inflatie

TOKYO, June 26 : Annual core inflation in Japan's capital accelerated in June, data showed on Friday, a sign of broadening price pressures from the Middle East conflict that keeps the central bank on track to consider further raise interest rates. "The impact of the Middle East situation is spreading primarily through energy, with a rise in crude oil prices since around February gradually feeding through to electricity and gas costs," said Kanako Nakamura, economist at Daiwa Institute of

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