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The Economic Times

Global Business / The Economic Times

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Japan's wholesale inflation spikes as fuel costs, weak yen bite

Japan's wholesale inflation surged at its fastest pace in over three years. This acceleration was driven by rising fuel and metal prices, and a weak yen. The Bank of Japan warned of potential higher consumer inflation later this year. Government officials assured markets that monetary policy decisions remain with the central bank. These factors will influence the Bank of Japan's upcoming policy meeting.

10 Jul 2026 3:47 pm