TODAY'S TOP STORIES

Tokyo Inflation Hits 4% First Time In 4 Decades; Japan Household Spending Unexpectedly Declines

Inflation in Japan's capital Tokyo hit 4 percent for the first time in four decades at the end of 2022, lifting speculation over a shift in the Bank of Japan's massive monetary easing stance.

Separate data showed an unexpected fall in overall household spending in November, driven by rising consumer prices.

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by Renju Jaya

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