Core Inflation in Japan's Capital Slows in December but No Bar for Further BOJ Hikes
Tokyo's core CPI rose 2.3% in December, slowing from November but remaining above the 2% target, supporting the Bank of Japan's plan to review interest rates in January.
9 Articles
9 Articles
Core Inflation in Tokyo Slows in December but Stays above BOJ Target
TOKYO (Reuters) — Core consumer prices in Japan’s capital rose 2.3% in December from a year earlier, data showed on Friday, staying above the central bank’s 2% target and firming the case for further interest rate hikes.
Core inflation in Japan's capital slows in December but no bar for further BOJ hikes
TOKYO, Dec 26 : Core consumer inflation in Japan's capital slowed in December on moderating cost pressure for food but stayed above the central bank's 2 per cent target, data showed on Friday, firming the case for further interest rate hikes.The data backs up the Bank of Japan's view that core inflation wi
Yen weakens as Tokyo inflation cools more than expected
Tokyo’s inflation cooled more than expected as pressures from food and energy prices faded, triggering yen weakness on bets the Bank of Japan may delay the timing of its next interest rate hike. Consumer prices excluding fresh food in the capital rose 2.3% in December from a year earlier, slowing…
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