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Japan Wholesale Inflation Accelerates to 7.1% in October

Wholesale prices rose 7.1% year over year in October, faster than the previous month, keeping near-term BOJ rate-hike expectations alive.

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By Leika KiharaJapan's wholesale prices rose 7.1% in the year to October, data showed on Thursday, accelerating from the previous month and keeping alive market expectations of a near-term interest rate hike.The data will be among the factors the Bank of Japan will scrutinise at its next policy mee…

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