Japan's core inflation hits 19-month high, keeps BOJ rate-hike bets alive

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Japan's core inflation rate hits 19-month high

Japanese inflation accelerated in January, further pressuring households as prices excluding fresh food rose 3.2% on-year, government data showed today.

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Japan’s Core Inflation Hits 19-month High, Keeping Alive BOJ Rate-hike Bets

TOKYO (Reuters) – Japan’s core consumer inflation hit 3.2% in January for its fastest pace in 19 months, data showed on Friday, reinforcing expectations that the central bank will keep raising interest rates from levels still seen as low.

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Japan's core inflation hits 19-month high, keeps BOJ rate-hike bets alive

TOKYO : Japan's core consumer price index rose 3.2 per cent in January from the previous year to hit a 19-month high, data showed on Friday, reinforcing expectations the central bank will continue to raise interest rates from still-low levels.The increase in the core consumer price index (CPI), which excl

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Japan's annual inflation accelerated to 3.2 percent in January, the highest rate in 19 months, according to AFP, amid growing speculation that the central bank will raise interest rates again after keeping them low for years in a bid to stimulate the economy.

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In Japan, inflation continued to grow at the beginning of the year. Consumer prices, excluding fresh food, rose by 3.2 percent in January compared to the same month of the previous year.