Japan’s CPI core dips to 2.3%, remains above BoJ’s target for 21st month

Japan’s CPI core, excluding fresh food, decelerated slightly in December, moving from 2.5% yoy to 2.3% yoy, aligning with market expectations. This slowdown brings core inflation rate to its lowest since June 2022, yet it notably remains above BoJ’s 2% target for the 21st consecutive month. Overall headline CPI also showed a slowdown, decreasing from […]

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