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Japan’s core inflation rate, which excludes fresh food but includes fuel costs, slowed to 3% in February from 3.2% in January, but still exceeded forecasts of 2.9%. This marked the second consecutive ...
The Japanese yen strengthened toward 155 per dollar on Friday after Japan’s core inflation rate surged to a 16-month high of 3% in December, reinforcing the rationale behind the rate hike.
Japan's core inflation beat expectations and came in at 3% in February, government data showed on Friday, bolstering the case for further interest rate hikes. The core inflation figure — which ...
That kept core inflation above the BOJ's 2% target ... underlying inflation in February suggests that the Bank of Japan could hike rates at its next meeting in May but we still expect that ...