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Bloomberg

Japan Inflation Rises Above BOJ Target Level, Backing Rate Hikes

Thursday, October 22, 2026


Japan's core consumer price index rose above the Bank of Japan's 2 percent target in November 2025, the first time this year the measure exceeded that threshold. The increase strengthens the case for a rate increase that the BOJ is expected to consider at its December meeting. The BOJ has held rates steady at 0.25 percent since March 2025.

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