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Japan core inflation likely accelerated again last month – Reuters poll

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This is from the latest Reuters poll on Japan inflation estimates, ahead of the CPI data release on 24 November. The median estimate is for annual core CPI to be at 3.0% in October, up from the 2.8% reading from the month before. Mitsubishi UFJ comments that “the pace of year-on-year growth is expected to increases as the government’s subsidies on electricity and gas bills have been reduced”.

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