Core Inflation in Japan's Capital Stays Above BOJ Target in July

Tokyo’s Core Inflation Stays above BOJ Target in July

TOKYO (Reuters) — Core consumer inflation in Japan's capital stayed well above the central bank's 2% target in July, data showed on Friday, adding to renewed market expectations for another interest rate hike this year.

Core inflation in Japan's capital stays above BOJ target in July

TOKYO :Core consumer inflation in Japan's capital stayed well above the central bank's 2 per cent target in July, data showed on Friday, adding to renewed market expectations for another interest rate hike this year.The data will be among factors the Bank of Japan will scrutinise at its next rate review on Ju

Tokyo Inflation Slows While Staying Well Above BOJ’s Target

The cost of living in Tokyo cooled for a second month on the back of some temporary factors even as food inflation stayed hot, keeping pressure on Prime Minister Shigeru Ishiba after voter frustration over high prices led to his historic election setback Sunday.

Core Inflation in Japan's Capital Stays Above BOJ Target in July

JPY: Signs of easing inflation – Commerzbank

The inflation rate for the Greater Tokyo Area fell back below 3% in July, remaining below the expectations of most analysts surveyed by Bloomberg. The situation regarding rice prices appears to be easing somewhat.

Core inflation in Japan’s capital stays above BOJ target in July

Core consumer inflation in Japan’s capital stayed well above the central bank’s 2 per cent target in July, data showed on Friday, adding to renewed market expectations for another interest rate hike this year.