Japan's core inflation accelerated more than expected to a more than two-year high in May but headline inflation softened slightly, official data showed Friday.
Core inflation that excludes prices of fresh food rose to 3.7 percent from 3.5 percent in April, the Ministry of Internal Affairs and Communications reported. This was the fastest since January 2023. Inflation was seen at 3.6 percent.
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by Renju Jaya
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