By Takahiko Wada and Leika Kihara TOKYO (Reuters) -Core consumer prices in Japan's capital rose 3.2% in June from a year earlier, exceeding the centra.
Tokyo inflation points to broadening price pressure, tests dovish Bank of Japan stance kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.
Bank of Japan (BOJ) Deputy Governor Ryozo Himino said recent price rises were stronger than previously projected and inflation expectations were moving up, a sign the economy is getting closer to achieving the bank's 2% inflation target.
TOKYO (Reuters) - Bank of Japan Deputy Governor Ryozo Himino said the country s banking sector remains sound and has sufficient buffers to weather any strain caused by a future rise in interest rates.
Recent price rises stronger than thought - Himino Domestic demand emerging as new factor pushing up prices BOJ must scrutinise effect of such new factors on
inflation .