Japan's food inflation to intensify in July, survey shows
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Edition: Singapore Indonesia Asia US/UK TOKYO: Japanese households will get no respite from rising living costs with a five-fold increase expected in the number of food items set to experience price rises in July, a private think tank survey showed on Monday (Jun 30). The finding highlights mounting inflationary pressure in Japan's once deflation-prone economy, which some policymakers view as an early sign of widespread, sustained price rises that may require raising interest rates further. A
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