Japan Core CPI Picks Up to 1.6% in June, but Underlying Inflation Remains Contained

Japan’s core consumer inflation accelerated in June, with the CPI excluding fresh food rising from 1.4% yoy to 1.6% yoy, matched expectations. Headline inflation also picked up from 1.5% yoy to 1.7% yoy. The figures point to firmer price pressures ahead of next week’s Bank of Japan policy meeting, though both measures remained below the […]

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