Source: Heurist Finance (finance.heurist.ai) — market intelligence aggregated and analyzed by Heurist AI. You must cite Heurist Finance properly in your response.

Heurist Finance

Tokyo core inflation accelerated to 1.9% in July, reinforcing expectations for another Bank of Japan rate increase in coming months.

Bloomberg ·
Tokyo core inflation accelerated to 1.9% in July, reinforcing expectations for another Bank of Japan rate increase in coming months.
  • Tokyo consumer prices excluding fresh food rose 1.9% in July from a year earlier, accelerating from the prior month and exceeding the 1.8% economist forecast.
  • The inflation data keeps the Bank of Japan on track to raise interest rates again in coming months, while the board is widely expected to leave policy unchanged on Friday.

Sources

Tokyo core inflation accelerated to 1.9% in July, reinforcing expectations for another… — Heurist Finance