Japan inflation unchanged in May after BoJ rate hike
Japan’s core inflation was unchanged in May from April, government data showed on June 19, days after the central bank hiked rates to a 31-year high in the wake of the Middle East war.
AI Translated Summary:
Japan's core inflation remained stable in May despite a recent rate hike by the Bank of Japan, reflecting broader economic conditions. The rate increase comes amid global tensions, including conflicts in the Middle East.
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