Inflation in Japan's capital accelerates

By Reuters

Dec 28, 2024 12:06 am

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 soften-ing overseas demand was taking a toll on the export-reliant economy.

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