Tokyo inflation picks up, keeping BOJ on track for further hike

🇯🇵 The Japan Times (JP) —

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Tokyo experienced a 1.6% year-over-year increase in the consumer price index excluding fresh food in June, indicating rising inflation pressures. The Bank of Japan may consider further interest rate hikes following this inflation uptick.

The consumer price index excluding fresh food rose 1.6% in June from a year earlier in Japan's capital.

World Politics Markets inflation Bank of Japan Tokyo consumer price index interest rates

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