Budding Inflationary Pressures In Japan?
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Tokyo’s CPI inflation firmed in December. The headline measure accelerated from 3.7% y/y to 4.0% y/y while the core figure increased from 2.4% y/y to 2.7% y/y. Notably, ex-fresh food CPI inflation grew by a wider-than-expected 4.0% y/y from 3.6% y/y…
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