TOKYO — A leading indicator of Japan's service-sector inflation held near 3 percent in October, data showed on Tuesday, offering further evidence that conditions for another near-term interest rate hike by the Bank of Japan (BOJ) were falling into place.
While uncertainty over US President-elect Donald Trump's policies clouds the outlook, many analysts expect Japan's economy to sustain a moderate recovery and help keep inflation around the central bank's 2-percent target.
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