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Japan's Inflation Quickens, Fueling Speculation Over BOJ Shift.
In: Bloomberg.com, 2023-11-23, S. N.PAG
Online
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Zugriff:
Japan's key inflation measure, consumer prices excluding fresh food, increased to 2.9% in October, surpassing the Bank of Japan's 2% target for the 19th consecutive month. This unexpected acceleration in inflation has raised speculation about a potential shift in the Bank of Japan's monetary policy. The higher cost of living has already impacted consumer spending and contributed to a contraction in the economy last quarter. Prime Minister Fumio Kishida has responded by unveiling an economic package worth over ¥17 trillion ($115 billion), which includes extended subsidy programs and tax rebates to support households affected by rising prices. [Extracted from the article]
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Japan's Inflation Quickens, Fueling Speculation Over BOJ Shift.
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Autor/in / Beteiligte Person: | Fujioka, Toru |
Zeitschrift: | Bloomberg.com, 2023-11-23, S. N.PAG |
Veröffentlichung: | 2023 |
Medientyp: | serialPeriodical |
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