Japan’s Tokyo CPI core (excluding food) dropped from 2.0% yoy to 1.8% yoy in October, slightly above market expectations of 1.7%. This marks the first time in five months that inflation has dipped below BoJ’s 2% target. Headline CPI also slowed from 2.1% yoy to 1.8% yoy. The deceleration was largely driven by a slowdown […]
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