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Tokyo core inflation rate jumps in September
TOKYO: Annual core inflation in Japan’s capital accelerated in September at the fastest pace in 10 months, highlighting mounting price pressures that bolster the case for further interest rate hikes. The data, considered a leading indicator of nationwide trends, will be among factors the Bank of Japan weighs when it issues fresh quarterly inflation forecasts at its next policy meeting on October 29-30. The core consumer price index, which excludes fresh food but includes fuel costs, in Tokyo rose 2.7percent in September from a year earlier, data showed on Friday, accelerating from a 1.8percent...
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