Consumer inflation in Japan’s capital accelerates, keeps BOJ under pressure

TOKYO  – Core consumer prices in Japan’s capital, Tokyo, rose 3.5 percent in April from a year earlier, government data showed on Friday, beating market forecasts in a sign of broadening inflationary pressure in the world’s third-largest economy. The data comes hours before the Bank of Japan’s policy meeting that concludes on Friday, where the … Continue reading Consumer inflation in Japan’s capital accelerates, keeps BOJ under pressure