The Bank of Japan is expected
to raise its inflation forecasts this month to show prices
exceeding its 2% target for two straight years, three people
familiar with the matter said, complicating its.
Core inflation in Japan s capital slowed in September for the third straight month but remained above the central bank s target, data showed on Friday, adding to recent signs of broadening price.
TOKYO (Reuters) -Core inflation in Japan's capital slowed in September for the third straight month mainly on falling fuel costs, data showed on Friday, suggesting that cost-push pressures are starting to peak in a relief for the fragile economic recovery. But separate data showed factory output was flat in August, a sign companies were feeling the pain from soft global demand and weak signs in China's economy. The Tokyo core consumer price index (CPI), which excludes volatile fresh food but includes fuel costs, rose 2.5% in September from a year earlier, against a median market forecast for a 2.6% gain.
By Takahiko Wada and Leika Kihara TOKYO (Reuters) -Core inflation in Japan's capital slowed in September for the third straight month mainly on fallin.
By Leika Kihara and Takahiko Wada TOKYO/GIFU, Japan (Reuters) -Bank of Japan board member Toyoaki Nakamura said on Thursday it was premature to tighten