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All Tokyo area September CPI data comes in way above the 2% BOJ target rate. Again.

While all three measures remained above 2% they did drop back a little from August. Officials from the Bank of Japan have been insistent that inflation would begin to fall back from September/October this year, they'll be wiping some sweat off the brow with this result. The 'ex. Food & Energy' is the closest measure to the US core inflation rate. Its referred to as core-core inflation. It's a key measure of underlying inflationary pressure, and its still very strong at 3.8%. The m/m however is...
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Posted: Sep 28 2023, 23:30
Author Name: forexlive
Views: 083079