Global Economic News

Japan Core Inflation Rises In June

Japan's core inflation rose for the second straight month in June, keeping alive hopes of another interest rate hike.

Core inflation that excludes fresh food edged up to 2.6 percent in June from 2.5 percent in May. However, this was slightly below economists' forecast of 2.7 percent, the Ministry of Internal Affairs and Communications said.

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by Renju Jaya

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