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Japan core inflation in September surges to its highest this year at 2.1%
Japan's September inflation data showed core inflation at its highest this year, while lawmakers also began debating a food-tax cut bill.
✓Source-backed summarySource: CNBC
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Key developments
- Core inflation in September was 2.1%, in line with Reuters-polled economists’ forecast and up from 1.7% in the month before.
- Headline inflation also came in at 2.1%, while the so-called core-core inflation was 2.4%.
- Japan's Lower House began debating a bill to cut the consumption tax on food to 1% from 8% for two years.
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