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Japan's Core Inflation Tops BOJ Target | Markets & Money News
Core consumer inflation in Japan is projected to exceed the Bank of Japan's two percent target for the first time since December, rising to 2.1% year-on-year in September. This increase, influenced by higher energy costs largely due to Middle Eastern conflicts, raises concerns over household expenses. Additionally, wholesale inflation has grown by 6.8% year-on-year. With the BOJ's upcoming policy meeting, discussions about potential rate hikes are intensifying as they monitor these economic
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