Inflation in Japan's capital accelerates, keeps rate hike prospects intact

Q: How long will it take to read this news story?

The story "Inflation in Japan&#039;s capital accelerates, keeps rate hike prospects intact" has 562 words across 19 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Inflation in Japan&#039;s capital accelerates, keeps rate hike prospects intact" was covered 17 hours ago by The Star, a news publisher based in Malaysia.

Q: How trustworthy is 'The Star' news outlet?

The Star is a fully independent (privately-owned) news outlet established in 1971 that covers mostly economy and business news. The outlet is headquartered in Malaysia and publishes an average of 37 news stories per day. It's most recent story was published 4 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #24685069</li><li>URL: https://beamstart.com/news/inflation-in-japans-capital-accelerates-1735269669</li></ul>

The Star 17h ago

Inflation in Japan's capital accelerates, keeps rate hike prospects intact - The Star

Quick Summary:

TOKYO: Core inflation in Japan's capital accelerated in December while services inflation held steady, data showed on Friday, keeping alive market expectations for a near-term interest rate hike.

Service-sector prices rose 1.0% in December after a 0.9% gain in November, underscoring the BOJ's view that sustained wage gains are prodding firms to charge more for services.

"When stripping away the effect of rising utility bills, there's no sign of strength in inflation," said Toru Suehiro, chief economist at Daiwa Securities, who expects the BOJ to hold off on raising rates in January.