Tokyo Core Inflation Jumps to 2.7 Percent in September
Tokyo core inflation accelerated to 2.7 percent in September, marking its fastest pace in ten months. The rising price pressures bolster expectations that the Bank of Japan will raise interest rates again by December.
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Tokyo core consumer inflation accelerated to 2.7% in September, exceeding forecasts and marking the fastest pace in 10 months across Japan. The reading outpaced the 1.8% rise recorded in August and beat the median market forecast of 2.4%.
