Tokyo Inflation Rises, Keeping BOJ on Track for Rate Hike
Core inflation in Tokyo picked up in June, rising 1.6% year-on-year, keeping the Bank of Japan on track for a potential further interest rate hike. Despite the increase, core inflation remains below the BOJ's target for the fifth consecutive month.
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Tokyo Inflation Picks Up, Keeping BOJ on Track for Further Hike - Bloomberg.com
Tokyo Inflation Picks Up, Keeping BOJ on Track for Further Hike Bloomberg.com
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The consumer price index excluding fresh food rose 1.6% in June from a year earlier in Japan's capital.
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