Japan’s inflation pressures strengthened in July, with headline CPI rising from 1.6% to 1.9% y/y, above 1.7% expected, while core CPI excluding fresh food accelerated from 1.6% to 1.8%, matching consensus. More importantly for underlying inflation, core-core CPI excluding fresh food and energy rose from 1.7% to 1.9%, bringing it close to BoJ’s 2% target […]The post Japan Inflation Is Broadening Again — Core-Core at 1.9% Strengthens BoJ Hike Case appeared first on ActionForex.