Core inflation in Japan's capital sharply accelerates in April


TOKYO: Core consumer prices in Japan's capital rose 3.4% in April from a year earlier, data showed on Friday, accelerating for the second straight month and making the central bank's task of balancing risks from higher U.S. tariffs and rising prices more challenging.

The increase in the core consumer price index (CPI), which excludes volatile fresh food costs, was faster than a median market forecast of 3.2% and followed a 2.4% gain in March.

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Japan , Bank of Japan , yen , currency , interest rate , inflation

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