Japan August consumer inflation holds near BOJ 2% target
Japan’s consumer prices excluding fresh food rose 1.7% year over year in August, with inflation near the Bank of Japan’s 2% target as the BOJ is widely expected to raise interest rates later in the day.
Japan's consumer inflation stayed close to the Bank of Japan's 2% target, while the central bank is widely expected to raise interest rates later in the day to curb persistent price pressures. 7% in August from a year earlier.