
Japan· TokyoJapan's August CPI and Labor Market Data Show Cooling Inflation
Recent economic data from Japan indicates that Tokyo's core CPI for August fell short of expectations, suggesting cooling inflation, while the job-to-applicant ratio remains stable but shows signs of slowing.
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Japan's Economic Indicators: CPI and Labor Market
First report 1d agoLast update 13h agoInflation in Tokyo is easing, making further monetary tightening by the Bank of Japan less likely, while the labor market shows stability but with a slight slowdown in hiring.
Bank of Japan Deputy Governor Himino Ryozo emphasizes a data-driven, gradual approach to potential interest rate hikes, acknowledging that a weaker yen is fueling inflation.
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