Pedestrians cross an intersection in the Shibuya district of Tokyo, Japan, on Saturday, Aug. 10, 2024. - Photographer: Shiho Fukada/Bloomberg
TOKYO: Core inflation in Japan's capital accelerated in December while services inflation held steady, data showed on Friday, keeping alive market expectations for a near-term interest rate hike.
Factory output, however, fell in November for the first time in three months, suggesting that softening overseas demand was taking a toll on the export-reliant economy.
