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MNI BRIEF: Japan Sept Tokyo Core CPI Rises 2.0% Vs. Aug 2.4%

MNI (BEIJING) - Tokyo’s core inflation rate rose 2.0% y/y in September, slower than August’s 2.4%, marking the first deceleration in five months but stayed above 2% for the fourth straight month, data from the Ministry of Internal Affairs and Communications showed on Friday.

September’s slowdown was driven by lower energy prices (+9.5% vs. +17.4%) and households’ durable goods (+8.1% vs. +11.2%).

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MNI (BEIJING) - Tokyo’s core inflation rate rose 2.0% y/y in September, slower than August’s 2.4%, marking the first deceleration in five months but stayed above 2% for the fourth straight month, data from the Ministry of Internal Affairs and Communications showed on Friday.

September’s slowdown was driven by lower energy prices (+9.5% vs. +17.4%) and households’ durable goods (+8.1% vs. +11.2%).

Keep reading...Show less