Tokyo inflation hits 2.7% in September as some subsidies come to an end

🇯🇵 The Japan Times (JP) —

AI Summary

Tokyo's inflation rate reached 2.7% in September, exceeding expectations as some government subsidies expired. The higher reading could strengthen the case for the Bank of Japan to raise interest rates.

The reading was above expectations and could increase the chances of a rate rise.

Markets Tokyo inflation Japan interest rates subsidies consumer prices

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