AI Data Insight

Japan's Tokyo CPI annual growth rate for September jumped sharply to 2.7% from 1.9% in the previous month, surpassing market consensus and returning above the Bank of Japan's 2% target. Driven by the "core-core CPI" and services inflation jointly reaching new highs, this indicates that price increases have broad support, further strengthening market expectations for the BOJ to further tighten policy.

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