MNI BRIEF: BOJ Ups FY25 CPI To 2.7%; Price Risk Balanced

Jul-31 03:39By: Hiroshi Inoue
Bank of Japan

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The Bank of Japan on Thursday raised its median forecast for core consumer prices in fiscal 2025 to 2.7% from 2.2% in April, citing stronger-than-expected price moves driven by surging rice costs and their spillover to food prices, following the Boar...