Japan Sept CPI seen staying above BOJ target for 1-1/2 years- Reuters poll
© Reuters. FILE PHOTO: A woman points at the high prices of fruits at a market in Tokyo, Japan March 3, 2023. REUTERS/Androniki Christodoulou/File photoTOKYO - Japan's core inflation likely stayed above the central bank's 2% target for an 18th straight month in September, although consumer prices probably rose at their slowest in more than a year, a Reuters poll showed.
Although well above the BOJ target, it would still be the slowest inflation since July 2022, when the rate was 2.4%. While the government is set to extend energy subsidies until March 2024, prices have been rising for a wide range of food and consumer goods, underscoring the non-transitory inflation taking hold in the world's third-largest economy.
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