Tag: inflation accelerates
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BOJ may be forced to hike rates rapidly if inflation accelerates, board member Masu says
FUKUI, Japan, Sept 10 : The Bank of Japan may be forced to raise interest rates rapidly if inflation accelerates as the country’s financial conditions remain accommodative, board member Kazuyuki Masu said on Thursday.A recent spike in producer prices warrants attention, as it could push up consumer inflation
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Tokyo core inflation accelerates in August, nears BOJ target
TOKYO, Aug 28 : Core consumer prices in Tokyo rose 1.8 per cent in August from a year earlier, data showed on Friday, creeping up towards the central bank’s 2 per cent target, in a sign of broadening price pressures from the Middle East conflict.The rise in the Tokyo core consumer price index (CPI), which…
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Japan’s corporate services inflation accelerates in July
TOKYO, Aug 26 : A key gauge of Japan’s service-sector inflation rose 3.6 per cent in July from a year earlier, data showed on Wednesday, reinforcing the central bank’s view that a tight labour market is pushing firms to pass rising costs on to consumers.The increase in the services producer price index, which
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Japan’s core inflation accelerates in July, bolsters case for rate hike
TOKYO, Aug 21 : Japan’s core consumer inflation accelerated in July from a year earlier as firms passed on rising import costs from a weak yen and the U.S.-Israeli war on Iran, data showed on Friday, bolstering the case for a rate hike from the central bank.The data will be among the factors the Bank…
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Japan June core inflation accelerates, stays below BOJ target
TOKYO, July 24 : Japan’s core consumer prices rose 1.6 per cent in June from a year earlier, staying below the central bank’s 2 per cent target for a fifth straight month as fuel subsidies offset rising raw material costs stemming from the Middle East conflict.The rise in the core consumer price index (CPI),
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Indonesia’s June annual inflation accelerates to 3.34%
JAKARTA, July 1 : Indonesia’s annual inflation rate accelerated to 3.34 per cent in June from 3.08 per cent the previous month, data showed on Wednesday, higher than the median forecast in a Reuters poll and moving closer to the top end of the central bank’s target range.The poll had expected an inflation rat
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Japan wholesale inflation accelerates to fastest in 3 years as energy costs spike
TOKYO, June 10 : Japan’s wholesale inflation accelerated in May at the fastest pace in three years as price pressures from the Middle East war broadened, data showed on Wednesday, adding to the case for further interest rate hikes by the central bank.The Bank of Japan meets next week and is expected to delive
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